Indo Borax & Chemicals Limited
Indo Borax & Chemicals Ltd. was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983. The company was listed in 1993. Today, Indo Borax operates a Boric Acid and Borax plant at Pithampur. The company is engaged in the manufacturing of Boron products and Lithium Hydroxide.
What Indo files
- Others56
- Board Meeting22
- Important22
- Updates13
- Investor Meet7
- Dividend/Bonus5
Indo Borax & Chemicals is relocating its Corporate Office to new premises in Marol, Andheri (East), Mumbai. The company's books of account will also be maintained at the new address.
Company board has proposed a Rs. 40 per share dividend (Rs. 10 final, Rs. 30 special), pending shareholder approval at the upcoming AGM. Dividend income is now subject to tax deduction at source. Shareholders must submit required documents to ensure appropriate tax rates.
Indo Borax & Chemicals has announced book closure for its 45th AGM and payment of final & special dividends for FY26. The record date is July 21, 2026, with book closure from July 22-28, 2026. Shareholders should note eligibility.
Indo Borax & Chemicals' promoter/promoter group has collectively sold 1.63 crore equity shares in off-market transactions valued over 417.77 Cr. This significant block represents about 50.79% of the company's total paid-up capital, leading to a major shift in ownership structure.
Indo Borax & Chemicals saw its promoters complete a Share Purchase Agreement with investors, transferring 1.63 Cr equity shares (50.80% of total capital). Consequently, promoters will cease control and be de-classified. The company itself was not a party to this agreement.