S H Kelkar to divest Keva Ventures stake for about Rs 0.46 cr

Strategic Transactions View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+16.4%Reaction day

₹143.01

prior close

₹154.49

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+16.0% vs market

Specialty Chemicals peers, median of 93sector+0.5%+16.0% vs sector

On the reaction day the stock moved 16.0 pts more than Nifty Microcap 250 and 16.0 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+6.0

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+16.4+0.5+16.0+0.5+16.0

Next day

+19.3-0.1+19.4-0.9+20.2

+14.7+1.0+13.7-0.2+14.9

+15.6+2.3+13.3+0.7+14.9

+16.2+2.8+13.4+1.2+15.0

+17.5+4.1+13.4+1.6+15.8

+16.7+4.5+12.2+2.2+14.5

15d

+11.5+4.8+6.7+1.0+10.5

+5.3+6.4-1.2+3.2+2.1

-2.6+5.5-8.2+1.8-4.5

-8.4pendingpending-3.5-4.9

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

S H Kelkar and Co. board approved selling its entire stake in wholly owned subsidiary Keva Ventures Pvt Ltd to promoter group firm Keva Aromatics for Rs 45.85 lakh. Post-sale, KVPL and its sub Amikeva will cease to be subsidiaries. KVPL contributed just 0.04 percent of consolidated turnover with negative net worth of Rs 1.21 cr. The deal is a related party transaction at arm's length, expected to close by Dec 31, 2026. Company called it a non-core divestment.

Likely market impact

Minimal financial impact as divested unit is non-core with negligible revenue. Related-party deal may draw shareholder scrutiny. Signals portfolio cleanup.