RHODIA SPECIALTY CHEMICALS INDIA LTD. - Post Delisting Offer

This public announcement (Post Offer PA) is being issued by Solvay SA (Acquirer), a member of the promoter and promoter group (as defined under applicable laws of India) of Rhodia Specialty Chemicals India Ltd (Target Company), and is in continuation of, and should be read in conjunction with, the original public announcement dated February 19, 2014 (Original PA) and the letter of offer dated February 22, 2014 (Bid Letter). This Post Offer PA is being issued in accordance with Regulation 18 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, as amended (Delisting Regulations), in respect of the proposed acquisition and voluntary delisting of fully paid-up equity shares of the Company (Equity Shares) from the BSE Limited (BSE), in accordance with the Delisting Regulations (the Delisting Offer). <br/><br/>Capitalised terms used but not defined in this Post Offer PA shall have the same meaning assigned to them as in the Original PA and the Bid Letter.<br/><br/>The Acquirer issued the Original PA, seeking to acquire, in accordance with the Delisting Regulations, and on the terms and conditions set out therein and in the Bid Letter, up to 292,774 Equity Shares representing 8.673% of the paid up equity share capital of the Company from the Public Shareholders. The Public Shareholders<br/>holding Equity Shares of the Company were invited to submit Bids pursuant to a reverse book building process (Book Building Process) made available through the electronic system of the BSE during the Bid Period (March 14, 2014 to March 21, 2014), in accordance with the Delisting Regulations.