General Updates

July 01, 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 Responsibility and Sustainability Report for Financial Year 2025-26 Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Business Responsibility and Sustainability Report of the Company for the Financial Year 2025-26 which also forms part of the Annual Report for the Financial Year 2025-26 submitted to the Stock Exchanges today. We request you to kindly take the above on record. The above information is also available on the website of the Company at www.keva.co.in. Thanking you, Yours faithfully, For S H Kelkar and Company Limited Deepti Chandratre Global Legal Counsel and Company Secretary Encl: As above 01 Corporate 04 Statutory 96 Financial Business Responsibility and Sustainability Report Overview Reports Statements Business Responsibility and Sustainability Report The Directors present the Business Responsibility and Sustainability Report of the Company for the financial year ended on 31 March 2026 pursuant to Regulation 34(2) (f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L74999MH1955PLC009593 2. Name of the Listed Entity S H KELKAR AND COMPANY LIMITED 3. Year of Incorporation 1955 4. Registered office address Devkaran Mansion, 36, Mangaldas Road, Mumbai - 400002 5. Corporate address S H Kelkar and Company Limited, LBS Marg, Mulund (West), Mumbai - 400080 6. E-mail investors@keva.co.in 7. Telephone + 91 22 6606 7777 8. Website www.keva.co.in 9. Financial year for which reporting is being done 01 April 2025 to 31 March 2026 10. Name of the Stock Exchange(s) where shares are listed 1. The BSE Limited 2. National Stock Exchange of India Limited 11. Paid-up Capital ₹ 138,42,08,010/- 12. Name and contact details (telephone, email address) of the Deepti Chandratre person who may be contacted in case of any queries on the Global Legal Counsel & Company Secretary BRSR report + 91 22 6606 7777 investors@keva.co.in 13. Reporting boundary The disclosures under this report are made on a standalone basis and include locations where the Company has operational - Are the disclosures under this report made on a standalone control. basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together) 14. Name of assessment or assurance provider NA 15. Type of assessment or assurance obtained NA II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. Description of Main Activity Description of Business Activity % of Turnover No. of the entity 1. Manufacturing Manufacture, supply and export of fragrances and 100.00 % flavours including aroma & natural ingredients S H Kelkar and Company Limited 17. Products/Services sold by the entity (accounting for 90% of the entity’s turnover): S. Product/Service NIC Code % of total Revenue from Operations No. Turnover contributed 1. Fragrances, Aroma Ingredients and Flavours 20119 100.00% III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of Plants Number of Offices Total National 1 14 15 International* - - - * The international operations are carried out by the Company through its subsidiary companies and are outside the reporting boundary of this report. 19. Markets served by the entity a. Number of locations: Locations Number National (No. of States) 28 states & 8 Union Territories International (No. of Countries)* 12 * The international operations are carried out by the Company through its subsidiary companies and are outside the reporting boundary of this report. b. What is the contribution of exports as a percentage of the total turnover of the entity? Export contributes 2.95% of the total turnover of the Company. c. A brief on types of customers: S H Kelkar and Company Limited (“the Company”), India’s largest home-grown Fragrances & Flavours Company, boasts over a century of expertise in the fragrance industry. Its fragrances serve as key raw materials in personal wash, fabric care, skincare, haircare, fine fragrances and household products while its flavours cater to producers of baked goods, dairy, beverages and pharmaceuticals. The Company’s extensive client portfolio includes leading national and multinational FMCG companies as well as fragrance and flavour blenders and manufacturers. IV. Employees 20. Details as at the end of the Financial Year a. Employees and Workers (including differently abled): S. Particulars Total (A) Male Female No. No. (B) % (B / A) No. (C) % (C / A) Employees 1. Permanent (D) 484 322 66.53% 162 33.47% 2. Other than Permanent (E) - - - - - 3. Total employees (D + E) 484 322 66.53 % 162 33.47% Workers 4. Permanent (F) 166 166 100.00% - - 5. Other than Permanent (G) - - - - - 6. Total workers (F + G) 166 166 100.00% - - Annual Report 2025-26 01 Corporate 04 Statutory 96 Financial Business Responsibility and Sustainability Report Overview Reports Statements b. Differently abled Employees and workers: S. Particulars Total (A) Male Female No. No. (B) % (B / A) No. (C) % (C / A) Differently abled Employees 1. Permanent (D) 2 2 100.00% - - 2. Other than Permanent (E) - - - - - 3. Total differently abled 2 2 100.00% - - employees (D + E) Differently abled Workers 4. Permanent (F) - - - - - 5. Other than Permanent (G) - - - - - 6. Total workers (F + G) - - - - - 21. Participation/Inclusion/Representation of women: Particulars Total (A) No. and percentage of females No. (B) % (B/A) Board of Directors 8 3 37.50% Key Management Personnel 3 1 33.33% 22. Turnover rate for permanent employees and workers: Particulars FY 2025-26 FY 2024-25 FY 2023-24 Male Female Total Male Female Total Male Female Total Permanent Employees 4.98% 4.98% 9.96% 10.00% 9.00% 10.00% 10.00% 11.00% 10.00% Permanent Workers 0.20% - 0.20% 2.00% - 2.00% 2.00% - 2.00% V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding/subsidiary / associate companies / joint ventures: S. Name of the holding/subsidiary/associate Indicate whether % of shares Does the entity indicated No. companies/ joint ventures (A) Holding/ held by listed at column A, participate in Subsidiary/ entity* the Business Responsibility Associate/ initiatives of the listed Joint Venture entity? (Yes/No) 1. Keva Fragrances Private Limited Subsidiary 100.00% Yes 2. Keva Flavours Private Limited Subsidiary 100.00% Yes 3. Keva Ventures Private Limited Subsidiary 100.00% No 4. CFF Keva Italy S.p.A. (Formerly Creative Subsidiary 100.00% No Flavours & Fragrances S.p.A.) 5. Keva Europe B.V. Subsidiary 100.00% No 6. Keva Fragrance Industries Pte. Ltd. Subsidiary 100.00% No 7. Amikeva Private Limited Subsidiary 70.48% No 8. PT SHKKEVA Indonesia Subsidiary 100.00% No 9. Anhui Ruibang Aroma Company Ltd. Subsidiary 90.00% No 10. Keva UK Limited Subsidiary 100.00% No 11. Keva Italy Srl Subsidiary 100.00% No 12. Provier Beheer B.V. Subsidiary 100.00% No 13. Holland Aromatics B.V. Subsidiary 100.00% No 14. Keva USA Inc Subsidiary 100.00% No 15. Keva Germany GmbH Subsidiary 100.00% No 16. Keva Middle East Fze Subsidiary 100.00% No 17. NuTaste Food and Drink Labs Private Limited Associate 40.00% No * Percentage holding represents aggregate percentage of shares held by the Company alongwith its nominee(s) and / or its subsidiaries. S H Kelkar and Company Limited VI. CSR Details 24. (i) Whether CSR [Showing first 8,000 characters — download PDF for full document]