S H Kelkar and Company Limited Announces Sad Demise of Chairman, Mr. Ramesh Vaze
S H Kelkar and Company Limited announced the demise of its Chairman, Mr. Ramesh Vaze, on September 15, 2026. Mr. Vaze, 85, was a key figure in shaping the company into India's largest fragrance and flavour entity. His legacy spans over six decades of leadership and innovation in the industry.
The passing of the Chairman and a long-standing promoter of the company is a significant event that can have a substantial impact on the company's leadership, strategy, and morale.
The announcement reports the death of a key figure in the company, which is inherently a negative event.
S H Kelkar and Company Limited (SHK) has announced the passing of its Chairman, Mr. Ramesh Vaze (DIN: 00509751), who was also a Promoter and Non-Executive Director. Mr. Vaze passed away on Tuesday, September 15, 2026. He was 85 years old.
A Master Perfumer and industry veteran, Mr. Ramesh Vaze was instrumental in shaping the Keva Group into India's largest India-origin fragrance and flavour company with a global footprint. His association with SHK spanned over six decades, having joined the family business in 1961. He served on the Company's Board since 1981 and held various leadership roles, including Managing Director, before becoming Non-Executive Chairman in 2019.
Mr. Kedar Vaze, Whole-Time Director & Group CEO, expressed deep sadness, highlighting his father's commitment, passion for fragrances, and emphasis on quality, innovation, and nurturing talent. Mr. Ramesh Vaze was recognized for his deep knowledge of the industry, understanding of consumer preferences, and pioneering the introduction of automation in fragrance compounding in India, leading to the commissioning of India's first automated fragrance compounding plant in 1994.
Beyond his contributions to SHK, Mr. Vaze was involved in education and community development as a Founder Trustee of the Kelkar Education Trust and supported the Company’s CSR initiatives. The company and its employees have conveyed their deep sympathy and condolences to his family.
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S H Kelkar and Company Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by S H Kelkar and Company Limited. Read the original for the full detail.