IIFL Capital Services Limited has submitted to the Exchange a copy of Post offer advertisement in accordance with Regulation 18(12) of SEBI (SAST) Regulations, 2011, as amended (SEBI (SAST) Regulations, ) for the attention of public shareholders of the company.
INDOBORAX · price
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IIFL Capital Services Limited (merchant banker) has submitted the Post Offer Advertisement dated May 02, 2026 for the open offer by Zenrock Chemicals Private Limited (Acquirer) along with three PACs — India Special Assets Fund III, ISAF III Onshore Fund, and Special Situation India Fund — to acquire equity shares of Indo Borax & Chemicals Limited. The advertisement was published in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi) on May 04, 2026, in compliance with Regulation 18(12) of the SEBI (SAST) Regulations, 2011. The offer was made under Regulations 3(1) and 4 of the SEBI (SAST) Regulations. This filing marks the post-offer stage, indicating the open offer process has been completed or is in its final stages. The Letter of Offer had been submitted earlier on April 02, 2026, with the offer opening public announcement on April 09, 2026.
This is a routine regulatory compliance filing confirming that the open offer process for Indo Borax & Chemicals has been completed. It does not itself signal any new development in share price or ownership change, but shareholders who tendered shares should note the final status of the offer.