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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.
Indo Borax & Chemicals has announced the acquisition of a 64.26% stake in Kronox Lab Sciences, a manufacturer of high-purity specialty chemicals, for ₹246.12 Cr. This strategic move diversifies Indo Borax's portfolio into stable, high-growth sectors and aims to expand Kronox Lab Sciences' business. A mandatory open offer will follow...
Indo Borax & Chemicals is merging with its wholly-owned subsidiary, Indoborax Infrastructure. This move aims to streamline group structure, boost operational efficiency, and simplify financial reporting. As Indoborax Infrastructure is fully owned, no new shares will be issued by Indo Borax, meaning zero dilution for existing shareholders. Indoborax Infrastructure, with...