2,38,44,000 shares (64.26%) transferred to Indo Borax on 29 Sep 2026; sellers retain 9.95% and ceased as promoters. Board named new MD-CEO, 2 execs, 3 IDs and CFO; founders, CFO and IDs exited. Completes Indo Borax control deal and resets board under new owner; founders exit management into 3-year transition consultancy covering operations and Dahej project. New appointments need shareholder nod; open-offer tendering, final public float and new owner's Dahej and growth calls remain to be seen.
Kronox Lab Sciences Completes 64.26% Stake Transfer To Indo Borax
Kronox Lab Sciences Completes 64.26% Share Transfer To Indo Borax
Kronox Lab Sciences Receives ₹151 Crore Open Offer From Indo Borax
Kronox Lab Sciences Announces Indo Borax's 64.26% Stake Acquisition
Kronox Lab Sciences Promoters Agree To Sell 64.26% Stake To Indo Borax