S H Kelkar and Company Limited has made an investment of Euro 49,99,998.06 in Keva Europe BV, a wholly owned subsidiary by way of contribution to the equity capital of Keva Europe BV by subscribing to 24,15,458 ordinary Equity shares with nominal value of EUR 1 each of Keva Europe BV at EUR 2.07 per share. Requisite consents and approvals with respect to the said investment has been obtained.