Kronox Lab Sciences Limited (KRONOX)
IIFL Capital Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Public Announcement for the attention of the Public Shareholders of Kronox Lab Sciences Ltd ("Target ....
Open Offer announced by Indo Borax and Chemicals Ltd and Zenrock Chemicals Pvt Ltd to acquire up to 95.7 lakh shares (25.79% voting capital) of Kronox Lab Sciences Ltd at Rs 157.27/share, aggregating Rs 150.5 Cr. This follows a Share Purchase Agreement to acquire 64.26% shares at Rs 103.22/share. Offer is mandatory under SEBI SAST Regulations. Acquirer to gain sole control and become promoter. Tendering period details to be announced by August 28, 2026.
Source: Original filing PDF
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🚨 KRONOX — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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