Sunshield Chemicals Limited - Company overview

Solvay is a listed public limited company, first registered with ROC Mumbai I on 19 November 1986.

1986-11-19 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▲ 20.3%
FY 2026
PROFIT / LOSS
₹25–50 Cr
▲ 103.0%
FY 2026
EBITDA
₹50–100 Cr
▲ 49.8%
FY 2026
NET WORTH
₹100–500 Cr
▲ 163.6%
FY 2026
TOTAL ASSETS
₹100–500 Cr
▲ 0.2%
FY 2026
EMPLOYEE COUNT
171–180
OPEN CHARGES
2
-
PAID-UP CAPITAL
8.79 cr
AUTHORISED CAPITAL
20.00 cr
COMPANY AGE
39 Years 11 Months
since 1986-11-19
LAST FILING WITH ROC
2026-03-31
Last AGM: 2026-07-03
ACTIVE GST
1
Updated: 2023-11-09 17:58:13
SATISFIED CHARGES
69
116.95 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Solvay covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
82/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (56), financial health (95), director (95) and company-foundation signals.
  • Operating for 39+ years.
Compliance Score Moderate
56/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Annual filings up to date (balance sheet as of Mar 2026).
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2026.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Solvay Company identity, industry, contact, and registration details from MCA and company records.

Solvay is a listed public limited company, first registered with ROC Mumbai I on 19 November 1986. The registered office is in Mumbai, Maharashtra. It was earlier known as Sunshield Chemicals Private Limited.

In its MCA filings the main business is listed as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products, which made up 97% of turnover.

It has nine directors: Jeet Sudhir Malhotra, Ashish Kumar Agarwal, Mukesh Malhotra and 6 others. The longest-serving is Aruna Vilas Soman, on the board since 2017; the most recent to join is Mukesh Malhotra, appointed in May 2025. Jeet Sudhir Malhotra is the managing director. 34 former directors are on record; the most recent to leave was Virendrasingh Dharamsingh Baidwal in March 2022. Between them, the directors also sit on the boards of 4 other companies, including Alpex Solar Limited and Cytec India Specialty Chemicals & Materials Private Limited.

₹8.79 crore of its ₹20 crore authorised capital is paid up (about 44%). Its latest balance sheet on MCA is for the year ending 31 March 2026, and the last AGM was on 3 July 2026. Two charges (secured loans) are still open, with Axis Bank Limited and Hdfc Bank Limited among the lenders, and 69 more have been paid off. Its shares trade on BSE (530845).

Chemicals and Materials ••••••••
  • Location 1501-A, Universal Majestic, P.L. Lokhande Marg Behind R.B.K International Academy, Chem, Mumbai, Maharashtra - 400043
  • Website solvayindia.in
Name History
Legal NameSunshield Chemicals Limited
CIN / LLPINL99999MH1986PLC041612
Company No.041612
Stock Symbol BSE: 530845
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1986-11-19
Date of AGM2026-07-03
Date of Balance Sheet2026-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Solvay (9) Current board members from MCA filings, including designation and appointment details.

J
Managing Director | Since 2021-11-30 | DIN: 07208234
A
Ashish Kumar Agarwal
CFO | Since 2022-11-11
M
Director | Since 2025-05-05 | DIN: 01131063
A
Director | Since 2017-06-01 | DIN: 03622209
A
Director | Since 2025-03-14 | DIN: 02471158
C
Director | Since 2022-01-15 | DIN: 09420865

Financial Performance of Solvay Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2026
Revenue ₹100–500 Cr ▲ 20.3%
P&L ₹25–50 Cr ▲ 103.0%
EBITDA ₹50–100 Cr ▲ 49.8%
Net worth ₹100–500 Cr ▲ 163.6%

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Charges of Solvay Open and satisfied charges registered against the company with MCA.

Hdfc Bank Limited : 75.00 cr
Axis Bank Limited : 25.00 cr
Bank Of Baroda : 8.00 cr
Others : 2.00 cr
Open Charges: 2 Satisfied Charges: 69
Open -
Satisfied 116.95 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 27 Jun 2024
25.00 cr Open
Hdfc Bank Limited
Creation Date: 30 May 2022
75.00 cr Open
Others
Creation Date: 11 Jan 2022
2.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingChemical and chemical products, pharmaceuticals, medicinal chemical and botanical products97
TradeWholesale Trading3

Companies With Common Directors Of Solvay Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Solvay Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Solvay Ownership and contribution detail from filings. Full breakdown unlocks with your report.

11 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Solvay EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Solvay GST registrations and filing status by state. Full compliance detail unlocks with your report.

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GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Solvay Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Solvay MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Solvay Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Solvay Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Solvay?
MCA does not publish an "owner" field. Solvay is run by its directors, Jeet Sudhir Malhotra, Ashish Kumar Agarwal, Mukesh Malhotra and six others, with Jeet Sudhir Malhotra as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Solvay?
Solvay has nine current directors: Jeet Sudhir Malhotra (since November 2021), Ashish Kumar Agarwal (since November 2022), Mukesh Malhotra (since May 2025), Aruna Vilas Soman (since June 2017), Anniruddha Bhalchandra Pandit (since March 2025) and Cyrus Poonevala (since January 2022), plus 3 more. Jeet Sudhir Malhotra is the managing director.
What is CIN of Solvay?
The CIN of Solvay is L99999MH1986PLC041612. Reading it left to right: L means it is listed, 99999 is the industry code it registered under, MH is Maharashtra, 1986 is the year it was registered, PLC is the company type and 041612 is its registration number.
When was Solvay incorporated?
Solvay was incorporated on 19 November 1986 with ROC Mumbai I. That makes it more than 39 years old.
What is the registered address of Solvay?
The registered office on MCA records is 1501-A, Universal Majestic, P.L. Lokhande Marg Behind R.B.K International Academy, Chem, Mumbai, Maharashtra - 400043.
What is the current status of Solvay?
MCA shows Solvay as Active, and its last AGM on record was in July 2026.
What is the contact number or email for Solvay?
You can post to its registered office at 1501-A, Universal Majestic, P.L. Lokhande Marg Behind R.B.K International Academy, Chem, Mumbai, Maharashtra - 400043 and use its website, https://solvayindia.in.
What industry or business activity is Solvay associated with?
Its MCA filings list the main business as chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products (97% of turnover).
What is paid-up capital and authorised share capital of Solvay?
Paid-up capital is ₹8.79 crore and authorised capital is ₹20 crore, so about 44% of the authorised amount has been issued.
When did Solvay last file accounts and hold an AGM?
The last AGM on record was on 3 July 2026, and the latest balance sheet is for the year ending 31 March 2026.
Where can I see charges and lenders for Solvay?
Two charges against Solvay are still open and 69 have been satisfied. Lenders named in the filings include Axis Bank Limited, Hdfc Bank Limited and Bank Of Baroda.
Have any directors left Solvay?
Yes, 34 former directors are on record. The most recent to leave were Virendrasingh Dharamsingh Baidwal (March 2022), Mohit Jalote (November 2021) and Ronald Alan Lehman (September 2021).
Which companies share directors with Solvay?
4 companies share directors with Solvay. Among them are Alpex Solar Limited, Cytec India Specialty Chemicals & Materials Private Limited, Indo-Belgian Luxembourg Chamber Of Commerce And Industry and 1 more.
What is the turnover or revenue of Solvay?
Based on filed financial statements, the revenue of Solvay for FY 2026 was in the ₹100–500 Cr range. That is up 20.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Solvay?
For FY 2026, the net worth of Solvay was in the ₹100–500 Cr range.
How can I get the financial details of Solvay?
The latest accounts on record are for FY 2026. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Solvay?
The website on record for Solvay is https://solvayindia.in.
Which company owns solvayindia.in?
solvayindia.in is the website listed for Sunshield Chemicals Limited in its company records.
Is Solvay registered with any stock exchange in India?
It is listed on BSE with scrip code 530845.
Solvay - is it listed or unlisted?
Solvay is a listed company, and its CIN starts with L.
What is the ROC code of Solvay?
Solvay is registered with ROC Mumbai I.
What is the company classification of Solvay?
MCA classifies Solvay as: Public Limited Indian Non-Government Company.
Does Solvay have GST registrations on file?
Yes, one active GST registration is linked to Solvay.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.