Indo Borax & Chemicals Limited — Board Meeting, 20-08-2026: Outcome of Board Meeting

Indo Borax has approved acquiring a 64.26% stake in Kronox Lab Sciences for ₹246.12 Cr. Kronox, a specialty chemicals manufacturer with ₹101.22 Cr turnover (FY26), will also be subject to a mandatory open offer for an additional 25.79% stake at ₹157.27 per share. This move diversifies Indo Borax's portfolio into a growth sector.