S H Kelkar and Company Limited — Others, 16-05-2025: Appointment

S H Kelkar and Company Limited has announced a board meeting on the financial results for the quarter and half-year ended March 31, 2025. The Group reported consolidated revenue of ₹2,147.25 Cr and a profit before tax of ₹176.74 Cr for the year, despite an exceptional loss of ₹160.18 Cr from a fire at its Vashivali plant, partly covered by insurance. The Board proposed a final dividend of Re. 1 per share. Ms. Pallavi Gokhale will join as Additional Director, and Mr. Kedar Vaze will be re-appointed as Whole-time Director & Group CEO, both subject to approval. New appointments include secretarial, internal, and cost auditors. The company is incorporating Keva Middle East FZE to boost its Middle East presence and R&D. Contract manufacturing continues as a non-core activity, with strong focus on risk management and internal controls confirmed by unmodified auditor opinions.