StockWatch
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Personal Care
Board Meeting28 Jul 2026, 07:10 pm

S H Kelkar Approves Q1 FY27 Unaudited Financial Results

AI Summary

S H Kelkar and Company Ltd announced that its Board of Directors has approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board also approved the divestment of the company's entire equity stake in its wholly-owned subsidiary, Keva Ventures Private Limited (KVPL), to a Promoter Group Company. Upon completion, KVPL and its subsidiary Amikeva Private Limited will cease to be subsidiaries of S H Kelkar. This divestiture is considered a non-core asset sale, aligning with the company's strategy to optimize its portfolio. The financial results were accompanied by an unmodified Limited Review Report from the Statutory Auditors.

Key Highlights

  • Board approved Q1 FY27 unaudited standalone and consolidated results.
  • Approved divestment of entire equity stake in subsidiary KVPL.
  • KVPL and its subsidiary Amikeva will cease to be subsidiaries.
  • Divestment is of a non-core asset to optimize company portfolio.
  • Results include an unmodified Limited Review Report from auditors.