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
Rhodia Specialty Chemicals - Big Expansion
Belgian Promoters Solvay have great plans for Rhodia . They are making it a Global production base for its Novecare products .
Please study the links :-
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )