EQUITY: S H Kelkar & CO

• July 14, 2021
• By BIPRO HALDAR
• 111 Views 518 comments

S H Kelkar & Co. was incorporated on July 1 1955 in Mumbai under the Companies Act 1913. After incorporation the company took over businesses carried on by Mr. V.G. Vaze as a sole proprietor of M/s S.H. Kelkar & Co and in partnership by the firm M/s Saraswati Chemical Works. The Company is focused on its core business of manufacture supply and exports of fragrances flavours and aroma ingredients that are used in the food beverage personal care or household product industries. As on March 31 2018 the Company had subsidiaries in India United Kingdom Netherlands Singapore Italy and Indonesia comprising of Keva Fragrances Pvt. Ltd.; Keva Flavours Pvt. Ltd.; Saiba Industries Pvt. Ltd.; Rasiklal Hemani Agencies Pvt. Ltd.; Keva Chemicals Pvt. Ltd.; Creative Flavours & Fragrances S.p.A. Italy; Keva UK Ltd. United Kingdom; Keva Fragrance Industries Pte. Ltd. Singapore V N Creative Chemicals Pvt. Ltd. (step-down subsidiary) Tanishka Fragrance Encapsulation Technologies LLP (step-down subsidiary) PFW Aroma Ingredients B.V. Netherlands (step-down subsidiary) PT SHKKEVA Indonesia (Indonesia) (step-down subsidiary).The company was founded by Mr. V.G. Vaze who had three sons G.D. Kelkar Suresh Vaze and Promoter Ramesh Vaze. On account of certain disputes which led to petitions being filed before the Company Law Board Principal Bench at New Delhi (‘Company Law Board’) the three sons and their respective families executed a memorandum recording a family

Script Name- S H Kelkar & CO

Buy Price- CURRENT MARKET PRICE

Profit Target-173.5

Stop Loss-165

Call Duration- DELIVERY

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