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S H Kelkar & Company’s arm sells 50% stake in Purandar Fine Chemicals

04 Apr 2023 Evaluate

S H Kelkar and Company’s wholly owned subsidiary -- Keva Fragrances (KFG) has sold its 50% stake held in Purandar Fine Chemicals. With this disinvestment, Purandar Fine Chemicals ceases to be a joint venture of KFG.

S H Kelkar & Company is focused on its core business of manufacture supply and exports of fragrances flavours and aroma ingredients that are used in the food beverage personal care or household product industries.

Peers
Company Name CMP
Godrej Industries 1122.85
SRF 2475.00
BASF India 2936.75
Pidilite Inds. 1528.00
Tata Chemicals 605.55
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