S H Kelkar and Company Limited has intimated the stock exchanges about the sad demise of Mr. Ramesh Vaze (DIN: 00509751), who served as Promoter, Non-Executive Director and Chairman of the Company. He passed away on Tuesday, September 15, 2026.
The information about his demise was received by the company at 09:22 A.M. (IST) on September 15, 2026. The intimation is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Details of the Director
- Name: Mr. Ramesh Vinayak Vaze
- DIN: 00509751
- Age: 85 years
- Date of Cessation: September 15, 2026
- Reason for Cessation: Death
- Roles: Promoter, Non-Executive Director, Chairman of the Company
- Association with Company: Spanned more than six decades, joining the family business in 1961
- Board Tenure: Member of the Company's Board since 1981
- Previous Roles: Served as Managing Director and in several other leadership capacities
- Recent Role: Non-Executive Chairman since 2019
Professional Legacy and Contributions
Mr. Ramesh Vaze was a Master Perfumer and industry veteran who played an instrumental role in shaping Keva Group into India's largest India-origin fragrance and flavour company with a global footprint. His specific contributions include:
- Pioneering the introduction of automation in fragrance compounding in India
- Commissioning India's first automated fragrance compounding plant in 1994
- Developing exceptional understanding of fragrances, customers, and markets
- Expanding Keva's fragrance capabilities and building enduring customer relationships
- Nurturing perfumers and strengthening the company's fragrance library
- Serving as Chairman of S H Kelkar's Corporate Social Responsibility Committee
Additional Roles
- Founder Trustee of the Kelkar Education Trust
- Closely associated with Vinayak Ganesh Vaze College of Arts, Science and Commerce in Mumbai
Company Background
S H Kelkar and Company Limited is the largest Indian-origin Fragrance & Flavour Company in India with over 100 years of experience. The company offers products under SHK, Cobra and Keva brands and has creation and development centres in India, Singapore, Amsterdam, Indonesia and Italy. The research team has developed 10 molecules over the last four years and filed 20 patent applications, of which 6 have been commercially exploited.