Indo Borax & Chemicals Ltd completes acquisition of 64.26% in Kronox Lab Sciences Ltd
Indo Borax & Chemicals · Chemicals & Petrochemicals
Key highlights
- Acquired 2,38,44,000 equity shares, constituting 64.26% of Kronox Lab Sciences Ltd's paid-up equity capital
- Acquisition completed on September 29, 2026, as per share purchase agreement dated August 20, 2026
- Sellers: Mr. Ketan Vinodchandra Ramani, Mr. Pritesh Vinodchandra Ramani, Mr. Jogindersingh Gianchand Jaswal; Purchaser: Indo Borax & Chemicals Ltd; transaction disclosed under SEBI Listing Regulations
Why it's rated notable: no figure in the filing to size it as major
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Indo Borax & Chemicals
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- Acquisition / mergerMajor development· Adverse for the businessIndo Borax & Chemicals approves unaudited results for quarter and six months to September 30, 2026
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Potential multibaggers · Q2 FY27
Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.