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SHK to Sell 17% Stake in CFF Keva Italy to Subsidiary for up to €12.5 Million
S H Kelkar (SHK) is streamlining its European corporate structure by selling its direct 17% equity stake in CFF Keva Italy S.p.A. to its wholly-owned subsidiary, Keva Italy Srl. The transaction, valued at up to Euro 12.5 Million, will result in CFF becoming a 100% subsidiary of Keva Italy Srl. CFF is a significant contributor to the group, accounting for 16.86% of consolidated revenue (Rs. 358.04 Crores) and 7.42% of consolidated net worth in FY25. The restructuring is expected to be completed by September 30, 2026.
Key Highlights
Sale of 17% direct stake in CFF Keva Italy S.p.A. to wholly-owned subsidiary Keva Italy Srl.
Transaction consideration is valued at up to Euro 12.5 Million.
CFF Keva Italy contributed Rs. 358.04 Crores (16.86%) to FY25 consolidated revenue.
Post-sale, CFF will become a 100% subsidiary of Keva Italy Srl and an indirect subsidiary of SHK.
The move aims to consolidate all European group companies under Keva Europe BV.
💼 Action for Investors
This is an internal restructuring and does not change the consolidated financials of the company. Investors should view this as a routine administrative move to simplify the international holding structure.
SHK to Sell 17% Stake in CFF Keva Italy to Subsidiary for Up to €12.5 Million
S H Kelkar and Company Limited (SHK) has approved the sale of its direct 17% equity stake in CFF Keva Italy S.p.A. to its wholly-owned subsidiary, Keva Italy Srl. The transaction, valued at up to €12.5 million, is an internal restructuring aimed at consolidating all European operations under Keva Europe BV. CFF Keva Italy is a significant unit, contributing approximately 16.86% to the company's consolidated revenue in FY25. The deal is expected to be completed by September 30, 2026, resulting in CFF becoming a 100% step-down subsidiary of SHK.
Key Highlights
Sale of 17% direct stake in CFF Keva Italy to subsidiary Keva Italy Srl for up to €12.5 million
CFF Keva Italy contributed ₹358.04 crore (16.86%) to consolidated revenue in FY25
Internal restructuring to streamline European operations under Keva Europe BV
CFF Keva Italy's net worth stood at ₹94.35 crore, representing 7.42% of consolidated net worth
Transaction expected to be completed on or before September 30, 2026
💼 Action for Investors
This is a structural cleanup and does not change the ultimate consolidated ownership of the Italian business. Investors should view this as a routine administrative move to simplify the international holding structure.
Shree Pushkar Q3 FY26 Revenue Up 14.6% to ₹249 Cr; PAT Rises 13.5% to ₹18 Cr
Shree Pushkar Chemicals reported a 14.6% YoY revenue growth to ₹249 crores in Q3 FY26, led by a 38.1% increase in the chemical segment. Net profit grew 13.5% to ₹18 crores, although EBITDA margins softened to 8.9% due to doubling sulphur costs. The company remains debt-free with ₹176.75 crores in cash and is expanding its solar capacity to 20.6 MW. Promoters infused ₹30 crores via preferential allotment, signaling long-term confidence.
Key Highlights
Q3 FY26 revenue reached ₹249 crores, up 14.6% YoY, while 9M FY26 PAT surged 36% to ₹57 crores.
Chemical segment volumes grew 75.6% YoY, though fertilizer revenue fell 10.6% due to seasonal factors and high input costs.
Gross margins declined to 31.9% from 35.7% YoY as sulphur prices spiked from ~$280 to ~$560 per ton.
Unit 5 expansion is ready for trial production, pending an electricity connection expected in February 2026.
Maintained a strong cash position with ₹176.75 crores in deposits and zero external debt.
💼 Action for Investors
Investors should monitor the commissioning of Unit 5 and the trend in sulphur prices, as these will be the primary drivers for near-term margin expansion. The company's debt-free status and promoter funding provide a high safety margin for long-term investors.
SH Kelkar Q3 FY26: 9M Revenue Grows 10% to Rs 1,718 Cr; US Market Entry Gains Traction
S H Kelkar reported a 10% YoY revenue growth for the first nine months of FY26, reaching Rs 1,718 crore despite a challenging global environment. The company is aggressively investing in international markets like the US, UK, and Europe, which represent 75% of the global fragrance market compared to India's 5%. While EBITDA margins were impacted by these growth-led investments, adjusted margins stood at 13%. A significant milestone was achieved with the first customer order in the US market, signaling the start of a long-term organic build-out strategy.
Key Highlights
9M FY26 consolidated revenue reached Rs 1,718 crore, reflecting a 10% year-on-year growth.
Adjusted EBITDA margin stood at approximately 13% after excluding strategic growth investments and insurance costs.
Gross margins were stable at 42.4%, with management expecting improvement starting from the Jan-March quarter.
The US Creative Development Centre secured its first customer order, marking a key entry into the world's largest fragrance market.
Management indicated that debt levels may see a near-term increase to fund strategic initiatives and capacity expansion.
💼 Action for Investors
Investors should monitor the company's ability to translate international investments into bottom-line growth and watch for the promised gross margin recovery in Q4. The stock remains a long-term play on global market share expansion, though near-term leverage and investment costs are key risks.
Shree Pushkar Reports 14.6% YoY Revenue Growth in Q3 FY26; PAT Up 13.5% to ₹18.1 Cr
Shree Pushkar Chemicals & Fertilisers reported a 14.6% YoY increase in Q3 FY26 revenue to ₹249 Cr, primarily driven by a 38.1% growth in the Chemicals segment. While PAT rose 13.5% to ₹18.1 Cr, EBITDA margins contracted to 8.9% from 10.3% in the previous year's quarter. The company is executing a massive ₹541 Cr capex plan, with Ratnagiri Units 5 and 6 scheduled for commissioning in Q4 FY26. Additionally, the company has expanded its international footprint by incorporating a subsidiary in Bangladesh.
Key Highlights
9M FY26 Revenue grew by 29.2% YoY to ₹759 Cr, with PAT increasing 36% to ₹57.2 Cr.
Chemicals segment volume surged 75.6% YoY in Q3 FY26, contributing 63% of total revenue.
Total planned capex of ₹541 Cr to add 4.5 lakh MTPA fertiliser and 72,000 MTPA chemical capacity.
Solar power capacity is being expanded from 9.5 MWDC to 20.6 MWDC for energy self-reliance.
Ratnagiri Unit 5 and Unit 6 expansions are on track for commissioning by the end of Q4 FY26.
💼 Action for Investors
Investors should focus on the upcoming commissioning of the Ratnagiri units in Q4 FY26, which is expected to boost volumes. The promoter's continued participation in preferential allotments indicates strong internal confidence in the long-term growth strategy.
Shree Pushkar Q3 FY26 Revenue up 14.6% YoY to ₹248.9 Cr; PAT rises 13.5% to ₹18.1 Cr
Shree Pushkar Chemicals & Fertilisers reported a steady Q3 FY26 with consolidated revenue growing 14.6% YoY to ₹248.9 Cr, though EBITDA margins contracted to 8.9% from 10.3% YoY. The Chemical segment performed strongly with a 38.1% revenue jump, effectively offsetting a 10.6% decline in the Fertiliser segment. For the nine-month period (9M FY26), the company showed robust growth with revenue and PAT increasing by 29.2% and 36.0% respectively. Key growth catalysts include the upcoming commissioning of Ratnagiri units in Q4 FY26 and a significant expansion in solar capacity to 20.6 MWDC.
Key Highlights
Q3 FY26 Revenue grew 14.6% YoY to ₹248.9 Cr, while PAT increased 13.5% YoY to ₹18.1 Cr.
Chemical segment revenue surged 38.1% YoY to ₹156 Cr, driven by a 75.6% increase in sales volumes.
Fertiliser segment revenue declined 10.6% YoY to ₹93 Cr with volumes falling 23.7% during the quarter.
Ratnagiri Unit 5 and Unit 6 are scheduled for commissioning in Q4 FY26, providing a clear growth roadmap.
Solar power capacity is being expanded from 9.5 MWDC to 20.6 MWDC to improve energy self-reliance and sustainability.
💼 Action for Investors
Investors should monitor the successful commissioning of the Ratnagiri units in Q4 FY26 as they are critical for the next phase of growth. While Q3 margins saw some pressure, the strong 9M performance and promoter confidence via preferential allotment suggest long-term stability.
Shree Pushkar Chemicals Q3 Net Profit Rises 13.5% YoY to ₹18.07 Cr; Revenue Up 14.6%
Shree Pushkar Chemicals & Fertilisers reported a steady Q3 FY26 performance with consolidated revenue growing 14.6% YoY to ₹248.86 crore. Net profit for the quarter increased by 13.5% YoY to ₹18.07 crore, though it remained nearly flat on a sequential basis. The company's nine-month performance is robust, with net profit surging 36% compared to the same period last year. Strategic moves include international expansion into Bangladesh and Iraq, alongside a pending merger of its fertilizer subsidiaries.
Key Highlights
Consolidated Revenue for Q3 FY26 increased 14.6% YoY to ₹24,886.02 Lakhs.
Net Profit for the quarter rose 13.5% YoY to ₹1,807.22 Lakhs from ₹1,592.12 Lakhs.
Nine-month FY26 Net Profit grew significantly by 36% YoY to ₹5,723.23 Lakhs.
Allotted 7,36,196 convertible warrants to the Joint MD at a price of ₹407.50 per warrant.
Expanding global footprint with new subsidiaries in Bangladesh and a new branch in Iraq.
💼 Action for Investors
The strong nine-month growth and promoter-led warrant allotment at ₹407.50 signal management confidence. Investors should monitor the progress of the subsidiary merger and the scaling of new international operations.
SHK Declares Interim Dividend of Re. 1 Per Share; Sets Record Date for FY 2025-26
S H Kelkar and Company Limited (SHK) has declared an interim dividend of Re. 1 per equity share (10% of face value) for the financial year 2025-26. The company has fixed February 13, 2026, as the record date to determine shareholder eligibility for the payout. Detailed instructions regarding Tax Deduction at Source (TDS) have been issued, with a standard 10% rate for residents with a valid PAN. Shareholders seeking tax exemptions or lower withholding rates must submit the necessary documentation by February 16, 2026.
Key Highlights
Interim dividend of Re. 1 per equity share (10% of face value of Rs. 10) declared for FY 2025-26.
Record date for determining eligible shareholders is Friday, February 13, 2026.
Standard TDS of 10% for resident shareholders with valid PAN; 20% for those without PAN or unlinked Aadhaar.
No TDS for resident individuals if the total dividend received during FY 2025-26 does not exceed Rs. 10,000.
Deadline for submitting tax exemption forms (15G/15H/10F) is Monday, February 16, 2026, by 6:00 p.m.
💼 Action for Investors
Investors should ensure their PAN is linked with Aadhaar and bank details are updated with their Depository Participant to receive the dividend. Eligible shareholders should submit tax exemption forms via the RTA portal by February 16 to avoid higher tax withholding.
SH Kelkar 9M FY26 Revenue Rises 10.4% to ₹1,718 Cr; Flavour Segment Grows 38%
S H Kelkar reported a 10.4% YoY increase in 9M FY26 revenue to ₹1,718 crore, driven by steady demand in fragrances and robust 38% growth in the flavour segment. While reported EBITDA fell to ₹182 crore due to growth-led investments, adjusted EBITDA stood at ₹240 crore with a 14% margin. The company successfully entered the US market, securing its first order and generating initial revenue. Management expects a near-term increase in debt to fund strategic expansions but remains focused on long-term profitable growth and working capital efficiency.
Key Highlights
9M FY26 Revenue grew 10.4% YoY to ₹1,718 crore, with the Flavour division surging 37.9% to ₹177 crore.
Adjusted EBITDA (excluding new initiatives and insurance costs) stood at ₹240 crore with a 14% margin.
Fragrance division revenue increased by 8.9% to ₹1,488 crore, maintaining its position as the core business driver.
The US Creative Development Centre achieved a milestone by securing its first customer order and starting revenue generation.
Management flagged a potential near-term increase in debt levels to support ongoing strategic investment phases.
💼 Action for Investors
Investors should monitor the translation of current high-cost investments into future bottom-line growth and track the company's progress in the US market. The focus should be on whether the 'Adjusted EBITDA' margins stabilize as new initiatives scale up.
SH Kelkar 9M FY26 Revenue Grows 10.4% to Rs 1,718 Cr; Flavour Segment Surges 38%
S H Kelkar reported a 10.4% YoY revenue growth for 9M FY26, reaching Rs 1,718 crore, driven by steady demand in core fragrances and a 37.9% surge in the Flavour segment. However, reported EBITDA margins compressed to 10.6% from 14.4% YoY due to strategic growth-led investments, though adjusted EBITDA stood higher at Rs 240 crore (14% margin). A significant milestone was achieved in the US market with the first customer order and initial revenue generation. The company is currently in an investment phase, which may lead to a near-term increase in debt levels to fund global expansion.
Key Highlights
9M FY26 Revenue from operations increased by 10.4% YoY to Rs 1,718 crore.
Flavour division reported robust growth of 37.9% YoY, reaching Rs 177 crore.
Adjusted EBITDA (excluding new initiatives and insurance costs) stood at Rs 240 crore with a 14% margin.
US Creative Development Centre secured its first customer order and began generating revenue.
PBT before exceptional items for the nine-month period stood at Rs 63 crore.
💼 Action for Investors
Investors should monitor the company's ability to restore margins as strategic investments in the US and Europe scale up. While top-line growth is healthy, the focus should remain on debt management and the successful translation of new initiatives into bottom-line profits.
S H Kelkar Declares Re. 1 Interim Dividend; Sets Feb 13, 2026 as Record Date
S H Kelkar and Company Limited has announced an interim dividend of Re. 1 per equity share for the financial year 2025-26. The Board of Directors fixed Friday, February 13, 2026, as the record date to identify eligible shareholders. This dividend is applicable to equity shares with a face value of Rs. 10 each. The payment will be processed within the legally mandated timelines to all beneficial owners as of the record date.
Key Highlights
Interim dividend of Re. 1 per equity share announced for FY 2025-26
Record date for dividend entitlement is set for February 13, 2026
Dividend is based on equity shares with a face value of Rs. 10 each
Payment to be made to beneficial owners as per NSDL and CDSL records
Announcement follows the Board of Directors meeting held on February 06, 2026
💼 Action for Investors
Investors interested in the dividend should ensure they hold the stock before the ex-dividend date, which is typically one working day prior to the record date. This payout reflects the company's commitment to returning capital to shareholders.
SHK Q3 Profit Jumps 86% to ₹32.7 Cr; Declares ₹1 Dividend & AED 5M Global Investment
S H Kelkar (SHK) delivered a robust performance for Q3 FY26, with consolidated revenue rising 8.1% YoY to ₹563.80 crore. The company's net profit attributable to owners jumped 86.4% to ₹32.66 crore, reflecting significant margin improvement. Shareholders will receive an interim dividend of ₹1 per share, with the record date set for February 13, 2026. Furthermore, the board approved a strategic investment of up to AED 5 million in its Middle East subsidiary to fuel international business requirements.
Key Highlights
Consolidated Q3 FY26 revenue grew 8.1% YoY to ₹563.80 crore from ₹521.37 crore.
Net profit attributable to owners surged 86.4% YoY to ₹32.66 crore compared to ₹17.52 crore.
Declared an interim dividend of ₹1 per equity share (10% of face value) for FY 2025-26.
Approved additional equity investment up to AED 5 million in Keva Middle East FZE.
9M FY26 net profit stands at ₹67.35 crore, a major turnaround from a loss of ₹28.43 crore in 9M FY25.
💼 Action for Investors
The strong bottom-line growth and turnaround in 9M profitability signal a positive trajectory for the company. Investors should track the impact of the Middle East investment on international revenue contributions in upcoming quarters.
SHK Reports 86% YoY Profit Jump in Q3; Declares Re. 1 Dividend and Middle East Expansion
S H Kelkar and Company (SHK) reported a strong set of numbers for Q3 FY26, with consolidated net profit surging to ₹32.63 crore from ₹17.51 crore in the previous year. Revenue from operations grew to ₹583.80 crore, reflecting steady demand in the fragrance and flavor segments. The board has rewarded shareholders with an interim dividend of ₹1 per share (10% of face value) with a record date of February 13, 2026. Furthermore, the company is expanding its international footprint by investing up to AED 5 million in its Middle East subsidiary to fund business requirements.
Key Highlights
Consolidated Net Profit grew 86% YoY to ₹32.63 crore for the quarter ended December 31, 2025.
Revenue from operations increased to ₹583.80 crore compared to ₹521.37 crore in the same quarter last year.
Declared an interim dividend of ₹1 per equity share (10%) with a record date of February 13, 2026.
Approved an additional equity investment of up to AED 5 million in wholly-owned subsidiary Keva Middle East FZE.
Basic EPS for the quarter rose to ₹2.36 from ₹1.27 in the year-ago period.
💼 Action for Investors
The strong earnings growth and dividend payout signal robust operational health and management confidence. Investors may consider holding or accumulating on dips given the positive momentum and international expansion plans.
SHK Q3 FY26 PAT Rises to ₹32.6 Cr; Declares ₹1 Dividend & AED 5M Middle East Investment
S H Kelkar (SHK) reported a 12% YoY increase in revenue to ₹583.80 crore for Q3 FY26. While operational profit before tax dipped to ₹16.72 crore from ₹22.68 crore, the net profit surged to ₹32.63 crore, bolstered by an exceptional gain of ₹30.78 crore. The board declared an interim dividend of ₹1 per share (10% face value) with a record date of February 13, 2026. Additionally, the company is strengthening its global footprint with a ₹11.5 crore (AED 5M) investment in its Middle East subsidiary.
Key Highlights
Revenue from operations grew 12% YoY to ₹583.80 crore in Q3 FY26 compared to ₹521.37 crore in Q3 FY25.
Net Profit (PAT) for the quarter stood at ₹32.63 crore, significantly higher than ₹17.51 crore in the previous year, aided by a ₹30.78 crore exceptional gain.
Declared an interim dividend of ₹1 per equity share (10% of FV ₹10) for FY 2025-26.
Approved an additional equity investment of up to AED 5 million (approx. ₹11.5 crore) in Keva Middle East FZE to fund business requirements.
Nine-month (9M FY26) revenue reached ₹1,718.32 crore with a PAT of ₹67.35 crore.
💼 Action for Investors
Investors should note the strong revenue growth and dividend payout, though the core operational profit requires monitoring due to margin pressure. The expansion in the Middle East suggests a long-term growth strategy in high-potential markets.
SHK Reports 86% PAT Growth to ₹32.6 Cr; Declares Re. 1 Interim Dividend
S H Kelkar (SHK) delivered a robust Q3 FY26 performance with consolidated revenue rising 8% YoY to ₹563.80 crore. The company's net profit saw a sharp increase of 86.3%, climbing to ₹32.63 crore from ₹17.51 crore in the year-ago period. Shareholders will receive an interim dividend of Re. 1 per share, with the record date fixed for February 13, 2026. Furthermore, the board approved an investment of up to AED 5 million in its Middle East subsidiary to fuel business growth in that region.
Key Highlights
Q3 FY26 Consolidated Revenue grew 8.1% YoY to ₹563.80 crore compared to ₹521.37 crore in Q3 FY25.
Net Profit surged by 86.3% YoY to ₹32.63 crore, driven by improved operational efficiencies and higher margins.
Interim Dividend of Re. 1 per share (10% of face value) declared for FY 2025-26 with a record date of February 13, 2026.
Approved additional equity investment of up to AED 5 million in Keva Middle East FZE to fund business requirements.
Basic Earnings Per Share (EPS) increased significantly to ₹2.36 for the quarter, up from ₹1.26 in the previous year's quarter.
💼 Action for Investors
The significant jump in profitability and consistent dividend payout reflect strong business momentum and efficient capital allocation. Investors should maintain a positive outlook while monitoring the performance of the Middle East expansion.
S H Kelkar Q3 Net Profit Jumps 86% YoY to ₹32.6 Cr; Declares ₹1 Interim Dividend
S H Kelkar (SHK) reported a strong performance for Q3 FY26, with consolidated net profit rising significantly to ₹32.63 crore from ₹17.51 crore in the same period last year. Revenue from operations grew to ₹563.80 crore, reflecting steady demand in the fragrance and flavor markets. The company declared an interim dividend of ₹1 per share (10% of face value) with a record date of February 13, 2026. Furthermore, the board approved an additional investment of up to AED 5 million in its Middle East subsidiary to support international business requirements.
Key Highlights
Consolidated Net Profit for Q3 FY26 surged to ₹32.63 crore, an 86% increase compared to ₹17.51 crore in Q3 FY25.
Revenue from operations grew to ₹563.80 crore in Q3 FY26 from ₹534.21 crore in the year-ago quarter.
Declared an interim dividend of ₹1 per equity share for FY 2025-26, representing 10% of the face value.
Approved an additional equity investment of up to AED 5 million in Keva Middle East FZE for business expansion.
9M FY26 performance showed a significant turnaround with a profit of ₹67.35 crore versus a loss of ₹28.43 crore in 9M FY25.
💼 Action for Investors
The strong bottom-line growth and the successful turnaround from previous year losses signal improved operational efficiency and margin recovery. Investors should view the dividend and the Middle East expansion as positive indicators of management's confidence in future growth.
SHK Q3 Net Profit Jumps 86% YoY to ₹32.6 Cr; Declares ₹1 Interim Dividend
S H Kelkar (SHK) reported a robust performance for Q3 FY26, with consolidated revenue rising to ₹563.80 crore from ₹521.37 crore YoY. Net profit surged significantly to ₹32.63 crore, an 86% increase compared to ₹17.51 crore in the same period last year. The company declared an interim dividend of ₹1 per share (10% of face value) with a record date of February 13, 2026. Furthermore, the board approved an additional investment of up to AED 5 million in its Middle East subsidiary to fund business requirements.
Key Highlights
Consolidated revenue from operations grew 8.1% YoY to ₹563.80 crore in Q3 FY26.
Net profit for the quarter stood at ₹32.63 crore, up from ₹17.51 crore in Q3 FY25.
Interim dividend of ₹1 per equity share declared for the financial year 2025-26.
Approved additional equity investment of up to AED 5 million in Keva Middle East FZE.
9M FY26 net profit reached ₹67.35 crore, marking a sharp turnaround from a loss of ₹28.43 crore in 9M FY25.
💼 Action for Investors
The strong YoY profit growth and turnaround from previous losses indicate improving operational efficiency; investors may view this as a positive signal for long-term growth, especially with the added dividend yield.
S H Kelkar Q3 FY26 Update: 9M Revenue Grows 11% to Rs 1,717 Crore
S H Kelkar and Company Limited reported a consolidated revenue of Rs. 1,717 crore for the nine months ended December 31, 2025, representing an 11% growth compared to the previous year. The company maintained stable gross margins on a sequential basis, indicating steady operational efficiency. As of the end of Q3 FY26, the consolidated net debt stood at Rs. 698 crore. These provisional figures reflect a positive growth trajectory for the largest Indian-origin fragrance and flavors company.
Key Highlights
Consolidated revenue for 9M FY26 reached Rs. 1,717 crore, a growth of ~11% YoY
Gross margins remained stable on a sequential basis during the third quarter
Consolidated net debt reported at Rs. 698 crore as of December 31, 2025
The company continues to maintain its leadership as the largest Indian-origin F&F player
💼 Action for Investors
Investors should view the 11% revenue growth as a positive signal of demand stability; however, keep a watch on the full earnings release for details on net profit and debt servicing capabilities.
Shree Pushkar Allots 7.36 Lakh Convertible Warrants to Promoter at Rs 407.50 Each
Shree Pushkar Chemicals & Fertilisers has approved the allotment of 7,36,196 fully convertible warrants to its Promoter and Joint Managing Director, Mr. Gautam Gopikishan Makharia. The warrants are issued at a price of Rs. 407.50 per unit on a preferential basis. The company has already received the mandatory 25% upfront subscription amount, totaling approximately Rs. 7.5 crores. This infusion of capital by the promoter signifies strong internal confidence in the company's long-term growth prospects.
Key Highlights
Allotment of 7,36,196 fully convertible warrants to Promoter Mr. Gautam Gopikishan Makharia
Issue price set at Rs. 407.50 per warrant, representing a significant capital commitment
Receipt of 25% upfront subscription amount totaling Rs. 7,49,99,968
Warrants are convertible into equity shares of face value Rs. 10 each within the statutory period
Preferential allotment follows approval from members in the EGM held on December 10, 2025
💼 Action for Investors
The promoter's decision to increase their stake at Rs. 407.50 per share is a positive signal for long-term investors. Shareholders should monitor the deployment of the remaining 75% of funds for future expansion or debt reduction.
SHK incorporates Keva Middle East FZE in UAE
S H Kelkar and Company Limited (SHK) has announced the incorporation of Keva Middle East FZE in Sharjah, United Arab Emirates, on September 19, 2025. This entity is a wholly-owned subsidiary of Keva Fragrances Private Limited, which itself is a wholly-owned subsidiary of SHK. Keva Middle East FZE will support the fragrance and flavor needs in the Middle East and enhance Keva's global research and development. The cost of subscription for the shares is AED 150,000, with SHK holding 100% ownership through Keva Fragrances Private Limited.
Key Highlights
Keva Middle East FZE incorporated on September 19, 2025
Keva Middle East FZE is a 100% owned subsidiary of Keva Fragrances Private Limited
Cost of subscription for shares is AED 150,000
Incorporated in Sharjah, United Arab Emirates
💼 Action for Investors
Investors should monitor the performance of this new subsidiary and its impact on SHK's overall global strategy and revenue growth in the Middle East. Review SHK's future earnings reports for any significant contributions from Keva Middle East FZE.