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
- Important22
- Board Meeting22
- Updates13
- Investor Meet7
- Dividend/Bonus5
Indo Borax will acquire a 64.26% stake in Kronox Lab Sciences for ₹246.12 crore, with an open offer for an additional 25.79% planned. This strategic move targets diversification, expansion, and margin improvement. Kronox reported ₹101 Cr revenue and ₹28 Cr PAT in FY2026.
Indo Borax reported robust Q1FY27: Net profit surged 59% to Rs 16.25 Cr, and operating income grew 31% to Rs 70.36 Cr, driven by strong demand and efficiency. The Board also approved the amalgamation of its wholly-owned subsidiary for greater efficiency.
Indo Borax & Chemicals will hold its 45th AGM on July 28, 2026, via VC/OAVM. The Annual Report for FY26 is available. The company is encouraging shareholders to update KYC and email details for seamless communication and electronic payments.
Indo Borax & Chemicals clarified a typographical error in its quarter and year financial results regarding "Profit/ (Loss) from Operations...". The correction (from 3-4 to 3+4) is clerical with no impact on financial figures, profitability, earnings per share, or company performance.
Indo Borax & Chemicals Ltd. updated its Audit Committee composition, correcting a prior filing. The revised committee includes Mr. Parameswaranpillai Prasad (Chairman), Mr. Suresh Katra (Member), and Mr. Rakesh Kumar Srivastav (Member).