SH Kelkar and Company’s promoters have increased their stake in the company by 0.93% to 57.6%. The promoters have purchased 1,348,757 shares at Rs 300 per share translating into a consideration of Rs 40.46 crore. The purchase was part of Private Equity Blackstone Group’s 4% divestment in the company. Post divestment, it currently holds 17.6% in the company.
SH Kelkar and Company manufactures and sells fragrances, flavours, and aroma chemicals in India. It operates through Fragrances and Flavours segments. The company’s fragrance products and ingredients are used as a raw material in personal wash, fabric care, skin and hair care, fine fragrances, and household products.
Company Name | CMP |
---|---|
Tata Chemicals | 1027.45 |
SRF | 2418.80 |
Pidilite Inds. | 3286.15 |
Aarti Inds | 573.45 |
Atul | 7709.90 |
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