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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 Ltd. promoters saw some recent activity in their shareholdings. Mr. X pledged 1 million shares, representing 2.5% of the total share capital, likely to secure a loan. Separately, Mrs. Z unpledged 0.5 million shares. Post these transactions, the overall promoter pledged holding now stands at 15%....
Indo Borax & Chemicals Limited disclosed some pledging/unpledging activity. Please check pdf for more details.