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Twenty First Century Management Services Ltd

S H Kelkar & Company Ltd

BSE : 539450|NSE : SHK|ISIN : INE500L01026

S H Kelkar & Company Ltd Company History

S H Kelkar & Company is engaged in the manufacture, supply and exports of fragrances and aroma ingredients.

1955
1979
1984
2007
2010
2011
2012
2013
2014
2015
2016
2017
2018
2023

1955

Incorporation of the Company and taking over, as a going concern, the business of the sole

properitorship S.H Kelkar & Co and Saraswati Chemical Works, together with their assets and

liabilities.

1955

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1979

Establishment of the manufacturing unit at Vapi

1979

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1984

Establishment of the export oriented unit as Keva Fragrances Private Limited, the wholly-owned Subsidiary.

1984

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2007

Commissioning of the manufacturing unit at Vashivali

2007

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2010

Investment by Wayzata II Indian Ocean Limited, a private equity firm.

2010

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2011

Acquisition of PFW Aroma Ingredients B.V., the Subsidiary in Netherlands, which added one

manufacturing facility with two production plants and a research centre to the operations.

Approval of the merger of Tridhaatu Estates Private Limited and Amerigo Holdings and

Investment Private Limited with the Company

2011

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2012

Investment by Blackstone Capital Partners (Singapore) VI FDI Two Pte. Ltd. and Blackstone

Family Investment Partnership (Singapore) VI-ESC FDI Two Pte. Ltd.

2012

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2013

Investment in setting up a Multi-Purpose Plant (MPP) at Vapi to manufacture fragrance ingredients

2013

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2014

Incorporation of PT SHKKeva Indonesia, as a step down subsidiary. PT SHKKeva Indonesia is engaged in the business of trading and distribution of cosmetic goods (perfumes, soaps, powders etc.).

Received the Best Performance in Quality” award at Marico Samyut, 2014 and the Learning

and Development - Diversity Award” at the National Learning and Development League

Conference in 2014

2014

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2015

Received the award for Best HR Strategy In Line with business” at the Global HR Excellence

Awards

Received the award for Dream Companies to Work For (Manufacturing)” at the Dream

Companies to Work For Awards.

Received the certification of registration of quality management system by NQA against the

provisions of BS EN ISO 9001:2008.

2015

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2016

S H Kelkar acquires 100 per cent stake in Rasiklal Hemani Agencies Pvt Ltd (RHAPL) in a deal worth Rs 28.17 crore.

2016

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2017

Acquisition of Fragrance Encapsulation Technology from Tanishka Fragrance Encapsulation Technologies LLP.

2017

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2018

S H Kelkar and Company Limited Acquisition of 51% of Creative Flavours and Fragrances S.p.A.

2018

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2023

S H kelkar acquired 100% stake in PFW Aroma Ingredients B.V from Keva UK.

2023

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