As per the filing, the company has made an investment of Euro 49,99,998.06 in Keva Europe BV, a wholly owned subsidiary by way of contribution to the equity capital of Keva Europe BV by subscribing to 24,15,458 ordinary Equity shares with nominal value of EUR 1 each of Keva Europe BV at EUR 2.07 per share.
“Requisite consents and approvals with respect to the said investment has been obtained”, the company said in a filing.
At around 11:18 AM, S H Kelkar & Company Ltd is currently trading at Rs155.25 per share down by Rs2.45 or 1.55% from its previous closing of Rs157.70 per share on the BSE.
The Company is an India-based fragrance and flavors manufacturing company. The Company is engaged in the manufacturing, supplying and exporting of fragrances and aroma ingredients, which is made of organic and inorganic chemical compounds.
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