In September 2012 , Rhodia Amines Chemicals Pte Ltd Singapore and Solvay S.A. of Belgium made an open offer to acquire majority stake in Sunshield Chemicals @ Rs.51 per share .Offer will be closed on 19 December 2012.For the first time post announcement stock closed above open offer price today.Considering Solvay's expertise in chemical field and its planned expansion in India ,It is a stock to keep in radar .CMP is Rs.55 /-
Link to Solvay Website HERE
Link to Sunshield Website HERE
Link to Solvay Website HERE
Link to Sunshield Website HERE
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