Kronox Lab Sciences Limited (KRONOX)
The Company has received announcement in relation of public offer to the public shareholder of the Company issued by IIFL Capital Services Limited on behalf of Indo Borax & Chemical Limited ....
Open offer announced by Indo Borax & Chemicals Ltd to acquire 25.79% stake in Kronox Lab Sciences Ltd at ₹157.27/share, totaling ₹150.5 Cr. Acquirer agreed to buy 64.26% shares from promoters at ₹103.22/share. Post-acquisition, Acquirer will hold 90.05% voting capital. Sellers to provide 36-month consultancy; no management control retained. Offer not conditional on minimum acceptance. Detailed Public Statement due by Aug 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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