General Updates

July 08, 2026 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 539450 Scrip Symbol: SHK Dear Sir / Madam, Sub: Business Update – Q1 FY 2026-27 Please find enclosed herewith business update for Q1 FY 2026-27 of the Company for your information and record. Thanking you, Yours faithfully, For S H Kelkar and Company Limited Deepti Chandratre Global Legal Counsel and Company Secretary Encl: As above S H Kelkar and Company Limited Corporate Office: L.B.S Marg, Near Balrajeshwar Temple, Mulund (W), Mumbai – 400080 Registered Office: Devkaran Mansion, 36, Mangaldas Road, Mumbai 400 002. Mumbai, July 08, 2026: S H Kelkar and Company Ltd (SHK), the largest Indian origin Fragrance and Flavours Company in India, would like to share the following business update for Q1 FY2027. Operational Update: o The Company reported consolidated revenues of Rs. 660 crore for the quarter ended June 30, 2026, reflecting a growth of ~13.7% compared to the corresponding quarter of the previous year o Gross margins remained stable during the quarter as compared to the corresponding period of the previous year o As of June 30, 2026, net debt stood at Rs. ~864 crore, reflecting planned investments in capacity and capabilities, along with strategic inventory build-up to support business continuity in a fluid operating environment o The above financial information is based on provisional and unaudited consolidated financial results, subject to limited review by the Statutory Auditors of the Company