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APG hikes stake in SH Kelkar

APG hikes stake in SH Kelkar

Stichting Depositary APG Emerging Markets Equity Pool (APG) has acquired 430.916 equity shares of SH Kelkar and Company (SHK) on November 29, 2018 due to which the shareholding of APG in the Company has increased beyond 5% of the paid-up capital of the company. The shareholding of APG in the Company is 5.26% after APG’s acquisition on November 29, 2018.

SHK is a fragrance manufacturer in India. The company operates in two segments: Fragrances, which manufactures/trades in Fragrances and aroma ingredients for Fragrances, and Flavours, which manufactures/trades in Flavors.

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