solvay (lodr) regulation 30... · solvay 23rd july 2018 the manager bse limited phiroze jeejeebhoy...

SOLVAY

The Manager BSE Limited Phiroze J eejeebhoy Towers Dalal Street Mumbai- 400001

Dear Sirs,

Re: Scrip Code No.530845

Sub: Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015 - Intimation for Appointment of Chief Financial Officer of Sunshield Chemicals Limited

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015 and based on recommendation of Nomination and Remuneration Committee and Audit Committee of the Company, the Board of Directors at their meeting held on 11th February 2019 have considered and approved appointment of Mr. Sandeep Kulkarni as Chief Financial officer (CFO) of the Company effective from 11th February 2019. Mr. Sandeep Kulkarni is designated as Key Managerial Personnel (KMP) of the Company.

Brief Profile of Mr. Sandeep Kulkarni and details required under regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th

September 2015 are given in Annexure-A

We request you to kindly take the above information on record.

Thanking you,

Yours faithfully, For SUNSHIELD CHEMICALS LIMITED

f / Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel (YV), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

Brief Profile of Mr. Sandeep Kulkarni

Mr. Sandeep Kulkarni has Master degree in Commerce. He has over 25 years of experience in areas of accounts and finance. Before assuming office of the Chief Financial Officer of the Company, Mr. Sandeep Kulkarni was associated with the Solvay Group Company. Mr. Kulkarni holds 5 equity shares of the Company.

Sr. No. 1.

2.

3.

Details of events that need to be Information of such event ( s) provided Reason for change VIZ., Mr. Sandeep Kulkarni has been Appointment resignation, appointed as Chief Financial Officer of removal, death or otherwise the Company

Date and term of Appointment w.e.f 11th February 2019

Disclosure of relationships None between KMP' s

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel (Yv), Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory : Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY 1 February 2019

The Manager BSE Limited Phiroze Jeejeebhoy Towers Dalal Sh·eet Mumbai- 400001

Dear Sirs,


Sub: Compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015 - Intimation for Resignation of Mr. Satish Kelkar as Non-executive Director of the Company

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015, kindly take note that Mr. Satish Kelkar (DIN: 01307387), Non-executive Director, has submitted his resignation from the Board of Directors of the Company on account of not being able to devote sufficient time for the Company. Accordingly he ceases to be a Director with effect from 11 t11 February 2019 (close of business hours).

The Board of Directors of the Company wish to place on record its sincere appreciation for the support and valuable guidance given by Mr. Kelkar during his tenure as Director of the Company.


Thanking you,


~ / Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd, Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel 0N), Mumbai 400 013. Maharashtra. India. Tel. No.: +91 -22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91 -2142-661111 www.solvay.com

SOLVAY


Scrip Code: 530845

Dear Sir,

Sub: Implementation of Voluntary Retirement Scheme - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015

This is to inform you that the Company is introducing Voluntary Retirement Scheme (VRS) for all its permanent Executives and Workers of the Company. The Company believes that implementation of the VRS will be beneficial to the Company in the long term.

The VRS scheme will be effective upto 31st March 2020.

Kindly acknowledge.

Yours faithfully, For Sunshield Chemicals Limited

Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Pare! (YV), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

3rd October 2018

The Manager BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001

Scrip Code: 530845

Dear Sir,

Sub: Update on Closure order Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015

Further to our letter dated 28th September 2018, we would like to inform you that Maharashtra Pollution Control Board (MPCB) has kept the closure of manufacturing activities direction given vide letter dated 27th September 2018 in abeyance.

Kindly take the above intimation in your record.

Yours faithfully, For Sunshield Chemicals Limited r/ Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel fY'/), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

28th September 2018


Scrip Code: 530845

Dear Sir,

Sub: Intimation of Closure order Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015

The Company has on 28 September 2018, received directions ("Closure Direction") from Maharashtra Pollution Control Board (MPCB) for closure of manufacturing activity of the Company under section 33(A) of Water (Prevention & Control Pollution) Act, 1974, and under section 31 of the Air (Prevention & Control Pollution) Act, 1981 alleging Pollution caused by the Company. The Company is seeking legal advice to represent and/ or appeal before the Competent Authority or a Court of Competent Jurisdiction for challenging and setting aside the Closure Direction.

In terms of SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015, the Company provide herein below the intimation as per the requirements specified under Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

1. Date of receipt of closure Order and the name of the Authority with jurisdictional range address which issued the Closure Order:

28th September 2018, Maharashtra Pollution Control Board Regional office, Raigad Bhavan, 6th Floor, Sec-11, C.B.D Belapur, Navi Mumbai 400 614

2. Reason for the closure: Alleged pollution caused by the Company.

3. Amount & percentage of turnover or revenue or income and net worth of the listed entity contributed by such unit or division during the last financial year: INR 186 crores for the financial year ended March 31, 2018

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd, Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel (Y'/), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory : Village Aasal. Post - Pali, Taluka - Sudhagad, Dist. Aaigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

:2:

4. Impact of the order: Contingent on the outcome of the representation and/ or appeal.

5. Steps taken to restore normalcy: The Company is seeking legal advice to represent and/ or appeal before the Competent Authority or a Court of Competent Jurisdiction for challenging and setting aside the Closure Direction.

Kindly take the above intimation in your record.


~ / Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office: Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Pare! ryv), Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No. : +91 -22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory; Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

12th September 2018

The Manager BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Dear Sirs,

Re: Scrip Code No. 530845

Sub: Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulation 2015 - Intimation for Retirement of Chief Financial Officer

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosures Requirements)

Regulations, 2015, take note that the Mr. Rajeev Gupte, Chief Financial Officer will retire on

13th September 2018 on reaching the retirement age as per Company's policy.

This is for your reference and record.

Thanking you,


Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office: Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel ry,J), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY 23rd July 2018


Dear Sirs,


Ref.: Company's Letter Dated 19th July2018

Sub: Update on Intimation of Appointment of Mr. Srivatsa MK as Director

This is with reference to Company's earlier letter dated 19th July 2018 addressed to BSE Limited on intimation of appointment of Mr. Srivatsa MK as Director of the Company.

The Company inadvertently missed to give additional details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 ("Listing Regulation").

The details as required under regulation 30 of Listing Regulations is given in the enclosed annexure.

This is for your information on record.

Thanking you,


£ ;;::ashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Pare! CN}, Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY Annexure

Appointment of Mr. Srivatsa M K as Director on the Board of Sunshield Chemicals Limited.

Sr. Details of events that need to be Information of such event (s) No. provided 1. Reason for change VIZ., Mr. Srivatsa M K has been appointed as

Appointment resignation, Executive Director on Board of the removal, death or otherwise Company

2. Date of Appointment/ Cessation 19th July 2018 ( as applicable)

3. Disclosure of relationships Mr. Srivatsa M K is not related to any between directors (in case of director of the Company. appointment of a Director)

Brief Profile of Mr. Srivatsa MK

Mr. Srivatsa M K aged 48 years is a B.E. (Chemical) from Bangalore University. He started his career by joining Sree Rayalaseema Alkalies & Allied Chemicals Ltd as a Shift In-Charge of caustic soda membrane cell plant. Thereafter he joined Nocil Limited. In Nocil he was employed in various positions as Senior ManagerProduction and Senior Manager-Process Engineering technology. He has more than 20 years of experience in Production Management, Plant Operations & Maintenance, Installation & Commissioning, PLC & DCS Operations, EHS Management and Resource Management in Chemical and Pharmaceutical Industry in both batch and continuous productions. Mr. Srivatsa is currently designated as Operations Manager for Rasal Site since May 2018. Mr. Srivatsa is not a shareholder and nor he is related

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office: Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel f.YV), Mumbai 400 013. Maharashtra. India. Tel. No.: +91 -22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY 19th July 2018


Dear Sirs,

Re : Scrip Code N o.530845

Sub: Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulation 2015 -Intimation for Appointment of Director on the Board of Sunshield Chemicals Limited

Pursuant to recommendation of Nomination and Remuneration Committee of the Company, the Board of Directors at their meeting held on 19th July 2018 have considered and approved appointment of Mr. Srivatsa MK (DIN-08178041) as an Additional Director and Executive Director on the Board of the Company for a term of three years effective from 19th July 2018;


Thanking you,


~ K/ h' Amit umas 1

Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel 'Y'I), Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory : Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91 -2142-661111 www.solvay.com

SOLVAY


Dear Sirs,


Sub: Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulation 2015 -Intimation for Resignation of Director on the Board of Sunshield Chemicals Limited

This is to inform you that Mr. Chidananda Bhagwat, Executive Director of the Company has tendered his resignation from the Board of the Company.

Mr. Chidananda Bhagwat will be relieved from the duties on 23rd July 2018 (close of business hours).


Thanking you,

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office : Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Pare! r,N), Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No. : +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory : Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

SOLVAY


Dear Sirs,

Re : Scrip Code No.530845

Sub: Compliance under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulation 2015 -Intimation for Appointment of Director on the Board of Sunshield Chemicals Limited

Pursuant to recommendation of Nomination and Remuneration Committee of the Company, the Board of Directors at their meeting held on 28th May 2018 have considered and approved:

1. Reappointment of Mr. Manoj Khullar (DIN-06415392) as Managing Director of the Company for a further period of three years effective from 1st July 2018.

2. Appointment of Mr. Boon Tong Koh (DIN-08066070) as an Additional Director and Non-Executive Director on the Board of the Company effective from 28th

May 2018;

3. Appointment of Mr. YockJeng Goh, (DIN-08084934) as an Additional Director and Non-Executive Director on the Board of the Company effective from 28th

May 2018;

Further Mr. Guo Lin, (DIN-06457637) has been appointed as an Alternate Director to Mr. YockJeng Goh, (DIN-08084934) effective from 28th May 2018.


Thanking you,

Yours faithfully, Fm~:IELD CHEMI~ TED

Amit Kumashi /) ~ Companv Secretarv .s- * 0

SONSHIELD CH1::MICALS LTD. ( . GROUP) Regd. Office: Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Pare! (!N), Mumbai 400 013. Maharashtra. India. Tel. No. : +91-22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number - L99999MH1986PLC041612 Factory: Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91 -2142-661110, +91-2142-661111 www.solvay.com

SOLVAY

14th May 2018


Scrip Code: 530845

Dear Sir,

Sub: Implementation of Voluntary Retirement Scheme - Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulation 2015

This is to inform you that the Company has put-up notice for Voluntary Retirement Scheme (VRS) at its factory premises located Pali-Khopoli Road, Village Rasal, Wave Taluka Sudhagad, Dist. Raigad, Maharashtra for all its permanent Executives and Workers who have completed 10 years of their service with the Company or completed 40 years of age.

The Company believes that implementation of the VRS will be beneficial to the Company in the long term.

Kindly acknowledge.


f / Amit Kumashi Company Secretary

SUNSHIELD CHEMICALS LTD. (SOLVAY GROUP) Regd. Office: Phoenix House, A wing, 4th Floor, 462, Senapati Bapat Marg, Lower Parel (Vv), Mumbai 400 013. Maharashtra. India. Tel. No.: +91-22-66637100 Fax No.: +91-22-24952834 Corporate Identity Number- L99999MH1986PLC041612 Factory : Village Rasal. Post - Pali, Taluka - Sudhagad, Dist. Raigad - 410 205. Maharashtra. India. Tel. No. +91-2142-661110, +91-2142-661111 www.solvay.com

solvay (lodr) regulation 30... · solvay 23rd july 2018 the manager bse limited phiroze jeejeebhoy...

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