Rhodia Specialty Chemicals- Delisting- RBB-Rs.442/64p-Floor Price

Rhodia Specialty Chemicals- Delisting Indicative Price Rs.675

Book Building Process

 Bid Opening Date : 14-03-14

Bid Closing Date : 20-03-14

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Rhodia Speciality Chemicals India Limited has initiated the process of Delisting.

Postal Ballot , in this regard , is underway.

Rhodia UK Ltd and Solvay Participants France S.A.S. currently hold 91: 33 % of Equity ( out of this , Solvay holds 18:4 % ).

Indicative Price for the Reverse Book Building ( RBB ) is Rs. 442 / 64 p

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After receiving approval from The Hon'ble Bombay High Court , Rhodia Speciality has cancelled the shares of Non Promoters  ( total 55,681 shares and paid them @ Rs.1200 Per Share , in June , 2016 .


Now , entire holding of Rhodia Speciality Chemicals is with Promoters 

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OLD POSTS

Rhodia Speciality Chemicals ( Albright And Wilson ) Open Offer / Delisting ??

 Rhodia Speciality Chemicals India Limited ( earlier named Albright And Wilson Chemicals India Limied , earlier incorporated in 1965 as Albright Morarji And Pandit Limited ( of Dharamsi Morarji Chemical Company -DMCC Group )

For More on Rhodia Specialty Chemicals India Limited , Please Click :-

http://www.rhodia-chemicals.co.in/

http://www.moneycontrol.com/india/stockpricequote/chemicals/rhodiaspeicialitychemicalsindia/AWC

For Delisting Background , Please Click ( refer Post of 06-03- 12 )- :-

http://www.sebi.gov.in/cms/sebi_data/commondocs/rhodiacorrigen_p.pdf

http://www.theequitydesk.com/forum/forum_posts.asp?TID=3548

Open Offer

Opens :- 23-04-13

Closes :- 13-05- 13

Offer Price :-

1 ) Rs. 835 / 82 p for Original Shareholders   ( who tendered their Shares in the Year 2000 )

2) For Others the Offer Price is Rs.386 / 72 p                                                                                              

For Open Offer Details , Please Click :-

http://www.sebi.gov.in/cms/sebi_data/commondocs/rhodiaspcorri_p.pdf

(  To Enlarge Click on + )


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Rhodia Speciality Chemicals India-Annual Report-2012-13

Financial Year Ended 31-03-13

Sales : Rs.290 crore

Gross Profit : Rs. 10 cr 95 lakh

 Profit : Rs. 64 lakh

Exceptional Item Profit From Transfer of

Lease Rights of Land at Ambernath : Rs. 36 cr 22  lakh

Net Profit : Rs. 36 crore 86 lakh

Dividend : Rs. 2 Per Share

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http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/small-equity-investor-how-to-safeguard-your-interests/articleshow/21742266.cms?curpg=3

General Warning : Investment in Shares Can be Injurious to Your  WEALTH


( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )

July 31, 2013

Rhodia Speciality Chemicals India-Annual Report-2012-13

Financial Year Ended 31-03-13

Sales : Rs.290 crore

Gross Profit : Rs. 10 cr 95 lakh

 Profit : Rs. 64 lakh

Exceptional Item Profit From Transfer of

Lease Rights of Land at Ambernath : Rs. 36 cr 22  lakh

Net Profit : Rs. 36 crore 86 lakh

Dividend : Rs. 2 Per Share
http://www.rareindianshares.info/search?q=rhodia