Kronox Lab Sciences Receives ₹151 Crore Open Offer From Indo Borax

Indo Borax and Chemicals agreed to acquire 64.26% of Kronox Lab Sciences from existing promoters at ₹103.22 per share and launched a mandatory cash open offer for 25.79% at ₹157.27, implying potential 90.05% ownership. The acquirer intends to retain listing. Context: establishes a path for the pending promoter transition.