Square Four Projects India Ltd.
Square Four Projects
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Small-cap - With a market cap of ₹15.30 Cr.
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Essen Supplements India was incorporated in the year 1992. The company has penetrated in the construction activities throughout the country within a short span of ten years. It concretes its move in most of the major cities by supplying super plasticisers to ready mix concrete plants. Drawing on over half a century of rich experience of technical and financial collaborators -- Rethmeier GmbH, Germany -- it manufactures a range of superior construction chemicals at its ultra modern plant. These include simple water proofing compounds to sophisticated naphthalene-based superplasticisers.
Essen Supplements also make admixtures, concrete surface treatments, free flow non shrink grouts, industrial flooring system, repair products and water proofing systems. To date, Essen's products have been effectively used by several prestigious clients nationwide, for infrastructure development projects, basic and heavy engineering industries and commercial/residential complexes.
It has completed water proofing works more than 25 lakh square feet, epoxy flooring more than 20 lakh sq ft and concrete admixtures supplied to ready mix concrete plants is more than 25 lakh litres.
As on September 22,2009 VC Corporate Advisors, who was manager to the offer on behalf of Ganesh Kumar Singhania Anita Singhania (acquirer) issued this post offer public announcement to the shareholders of Essen Supplements India Ltd as the target company, in terms of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto, to acquire 12,00,000 fully paid-up equity shares of Rs 10 each, representing 20.66% of the expanded subscribed equity share capital and 20.88% of the expanded voting share capital of the target company at a price of Rs 10 per fully paid up equity share and Rs 5 per partly paid up equity shares .
