S H Kelkar and Company Ltd

S H Kelkar Sells 17% Stake in Italian Subsidiary 🇮🇹

• S H Kelkar sells entire 17% equity stake in CFF Keva Italy S.p.A. to Keva Italy Srl

• Sale consideration: Up to €12.5 million

• Transaction expected completion by September 30, 2026

• CFF Keva Italy contributed 16.86% (₹358.04 Crores) to consolidated revenue last financial year

• Keva Italy Srl will own 100% of CFF Keva Italy post-transaction

• Part of restructuring to streamline Keva Group's European operations