Announced Tue, 15 Sept · 17:30 IST
Chairman Ramesh Vaze passes away aged 85
SHK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹135.60
prior close
₹135.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.6-0.8-2.9+2.6+0.0+0.3———————
Up moveDown movePending
AI summary
Mr. Ramesh Vaze, Promoter and Non-Executive Chairman of S H Kelkar and Company, passed away on September 15, 2026 at age 85. He joined the family business in 1961, served on the board since 1981, and became Non-Executive Chairman in 2019. He helped build SHK into India's largest India-origin fragrance and flavour company with global presence. His son Kedar Vaze remains Whole-Time Director and Group CEO to continue operations.
Likely market impact
Loss of founding promoter and long-serving chairman; succession and continuity under son Kedar Vaze as Group CEO will be closely watched by investors.