Acquisition / mergerMajor development· Adverse for the businessFiled on BSE ·

Indo Borax reports H1FY27 consolidated operating income up 16.0% to Rs 129.29 crore

Indo Borax & Chemicals · Chemicals & Petrochemicals

Arthneeti Research DeskPublished 1 min read
₹129 CrAcquisition / merger

Key highlights

  • H1FY27 consolidated Adjusted EBITDA rose 22.9% to Rs 28.09 crore, with an Adjusted EBITDA margin of 21.7%
  • Company completed acquisition of 64.26% stake in Kronox Lab Sciences Ltd and appointed Mr. Suresh Kalra as MD and CEO at Kronox
  • Board approved amalgamation of wholly owned subsidiary Indoborax Infrastructure Private Ltd with Indo Borax Chemicals, subject to regulatory approvals

Why it's rated major development: the year-on-year change is 71% (20% or more for adverse news)

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Rossell Techsys

Aerospace & Defense

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from Indo Borax & Chemicals

Other acquisition / merger filings this fortnight

All acquisition / merger filings →

Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.