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Indo Borax & Chemicals Limited — Important, 15-12-2025: Updates
15-12-2025 | 05:41 pm
15-12-2025 | 05:41 pm
Indo Borax & Chemicals' promoter group is selling its 50.80% stake (1.63 Cr shares) to Zenrock Chemicals and other purchasers at INR 256.30 per share, a deal worth ~INR 417.79 Cr. This triggers an open offer for an additional 26%. Board control shifts with 3 new directors and 2 resignations.
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