SH Kelkar and Company Ltd Approves Interim Dividend, USD 7 Million Investment in Keva Fragrance Industries Pte Ltd

The Board of Directors of SH Kelkar and Company Ltd held a meeting on March 29, 2024, and made several key decisions. They declared an interim dividend of 7.5%, i.e., Rs. 0.75 per share, for the financial year 2023-24. The record date for dividend payment is April 12, 2024, and the payment will be made by April 28, 2024. Additionally, they approved an equity investment of USD 7 Million in Keva Fragrance Industries Pte Ltd, a wholly-owned subsidiary, to aid capital requirements for a newly established factory in Indonesia.