SHKBSES H KELKAR AND CO. LTD.CriticalNegative
Announced Tue, 15 Sept · 17:22 IST

Chairman and Promoter Mr. Ramesh Vaze passes away at 85

SHK · price

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▲ 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, Non-Executive Director and Chairman of S H Kelkar and Company Limited, passed away on September 15, 2026, at age 85. A master perfumer, he joined the family business in 1961 and was instrumental in shaping SHK into India largest Indian-origin fragrance and flavour company. He served on the board since 1981 and as Non-Executive Chairman since 2019. Leadership continuity is in place as his son, Mr. Kedar Vaze, continues as Whole-Time Director and Group CEO.

Likely market impact

Operational leadership continues via Kedar Vaze as CEO, but promoter succession and board composition changes will be monitored by investors.