Rhodia Speciality Promoters Buying @1200 ( Till 31/10/2016 )

Investors who are still holding shares of Rhodia Speciality Chemicals ( earlier known as Albright and Wilson  ) should ignore letters being sent to them individually, for purchase of their shares , by certain dealers who are quoting a low rate.

Promoters Solvay SA (“the Acquirer”) are Buying , Uptill 31 st October 2016 , Rhodia Specialty  shares @ Rs.1200 Per Share. 

http://www.solvayindia.in/en/binaries/Letter%20to%20Residual%20Shareholders%20of%20RSCIL%20(Extension%20Period)-240264.pdf

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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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Rhodia Specialty Chemicals - Big Expansion

Rhodia Speciality ( Albright and Wilson ) delisted in 2014 ( @ 1200 )

Belgian Promoters Solvay have great plans for Rhodia . They are making it a Global production base for its Novecare products .

Please study the links :-

http://www.business-standard.com/content/b2b-chemicals/solvay-expands-capacity-of-novecare-s-surfactant-plants-in-india-115100500598_1.html?src=email

http://www.solvayindia.in/en/solvay-in/rhodia-specialty-chemicals-india-limited.html

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OLDER POST

http://www.rareindianshares.info/2013/04/rhodia-speciality-chemicals-albright.html

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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 . )