JK Investo Trade (India) Unlisted Shares

(i) J. K. Investo Trade (India) Limited ( JKIT ) [formerly known as J. K. Chemicals Limited] is a company incorporated in India under the Companies Act, 1913, having its Registered Office at New Hind House, N.M. Marg, Ballard Estate, Mumbai – 400 001, it is a Raymond group firm. 

(ii) JKIT is an investment company registered with Reverse Bank of India as a Non-Banking Financial Company.

(iii) The main business of JKIT till 1981 was manufacturing and trading of Sodium Hydrosulphite, which has been closed due to worker’s illegal strike.

In the year 1991, the company set-up a condom project in Technical collaboration with Samsung Co. Ltd. and Shinheng Corporation both of South Korea.

In the year 1996, the company de-merged its condom division and transferred it to J. K. Ansell Limited, 50-50 joint venture of JKIT and Ansell group, Australia . J. K. Ansell has a condom manufacturing plant at Aurangabad in Western India that manufactures 250 million pieces per annum. Currently, J.K. Ansell enjoys a significant share of the commercial Indian market and one of the leading brands (KamaSutra). In September 2000 J. K. Ansell commenced selling and distribution activity for surgical gloves in India.

(iv) JKIT is also having a wholly-owned subsidiary i.e. J. K. Helene Curtis Limited which is a leading player in the Grooming Accessories and Toiletries category. It markets its range under PARK AVENUE and PREMIUM Brand Names. The Brand portfolio includes Fragrances, Shaving Systems, Hair Care and Body Care.