S H Kelkar and Company Limited — Important, 16-05-2025: General Updates

Keva has announced a board meeting on May 16, 2025, approving the financial results for the quarter and half-year. Despite a ₹160.18 Cr exceptional loss from a fire at the Vashivali plant, the company posted a consolidated profit of ₹102.51 Cr for the year. The Board declared a final dividend of Re. 1 per share. Key leadership changes include Ms. Pallavi Gokhale as Additional Director and re-appointment of Mr. Kedar Vaze as Whole-time Director & Group CEO. Keva also plans to launch a wholly owned subsidiary, Keva Middle East FZE, to expand in the UAE.