Indo Borax & Chemicals Limited has informed the Exchange about General Updates

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INDOBORAX · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹196.00

prior close

₹198.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+0.5% vs market

Commodity Chemicals peers, median of 50sector+0.0%+0.4% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.4 pts more than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

+0.1

15m

-0.8

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-0.1+0.5+0.0+0.4

Next day

+3.8+1.3+2.5+1.1+2.7

+2.5+2.1+0.5+1.5+1.1

+3.8+2.5+1.3+1.4+2.4

+2.2+1.0+1.2+2.0+0.2

+4.8+0.6+4.2+1.4+3.5

-1.6-0.1-1.6+0.5-2.2

15d

+6.6+1.3+5.4+1.2+5.4

+11.9+2.1+9.8-0.0+11.9

+48.7-1.4+50.2-1.7+50.4

+22.4-0.1+22.5-1.8+24.2

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Indo Borax & Chemicals has informed the stock exchanges that the Customs Department has dropped its demand of Rs. 10,57,32,984 (approximately Rs. 10.57 crore) in custom duty, along with interest, penalty, and all proceedings against the company. The order was received by the company on 5th June 2025. This means the company is no longer liable to pay this amount or face any related penalties or legal action from the customs authorities. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Likely market impact

This is a positive development for shareholders as a significant financial liability of over Rs. 10.57 crore has been removed from the company's books. It reduces potential financial risk and may have a modestly positive short-term effect on investor sentiment, though the amount is not material enough to drive a major stock price move.