2 hrs ago

Indo Borax Completes Acquisition of Majority Stake in Kronox Lab

Indo Borax Completes Acquisition of Majority Stake in Kronox Lab
Indo Borax Completes Acquisition Of 64.26% Stake In Kronox Lab Sciences · freepressjournal.in

Indo Borax & Chemicals bought a large part of another company called Kronox Lab Sciences.

The purchased shares equal 64.26% of Kronox Lab Sciences.

This means Indo Borax now owns more than half of Kronox.

The deal involved 2,38,44,000 shares.

It was completed on September 29, 2026.

The shares came from three sellers.

Indo Borax had agreed to the purchase in a share purchase agreement signed on August 20, 2026.

A company director formally reported the completed deal to the stock exchanges.

Key facts

Purchaser
Indo Borax & Chemicals Ltd
Target company
Kronox Lab Sciences Ltd
Stake acquired
64.26% of the paid-up equity share capital
Shares acquired
2,38,44,000 equity shares
Completion date
September 29, 2026
Share purchase agreement
Entered into on August 20, 2026
Result
Indo Borax became the majority shareholder of Kronox Lab Sciences

Sources

Related news