Open Offer by Zenrock Chemicals for Indo Borax shareholders

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

INDOBORAX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+3.1%Reaction day

₹261.00

prior close

₹260.98

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+3.0% vs market

Commodity Chemicals peers, median of 53sector-0.1%+3.2% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.2 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

+0.2

10m

-0.1

15m

-1.2

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+0.1+3.0-0.1+3.2

Next day

+5.0-0.5+5.5+0.4+4.6

+1.0-1.0+2.0-0.7+1.6

-1.0-1.8+0.8-1.0-0.0

+2.4-1.8+4.3-0.5+3.0

+9.6-0.4+10.0-0.3+9.8

+2.5+0.7+1.8+0.6+1.9

15d

-1.5-3.9+2.3-5.3+3.8

-6.6-9.4+2.7-9.0+2.3

-6.3-4.1-2.2-7.9+1.6

-6.5-16.1+9.6-20.7+14.2

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 53Pending

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

AI summary

Detailed Public Statement published for open offer to public shareholders of Indo Borax and Chemicals. Acquirer is Zenrock Chemicals Private Limited along with PACs India Special Assets Fund III, ISAF III Onshore Fund and Special Situation India Fund. Published in Financial Express, Jansatta and Navshakti on December 22, 2025 pursuant to SEBI takeover regulations 2011.

Likely market impact

Open offer triggered for Indo Borax public shareholders. Offer price, size and tendering details are now available in the Detailed Public Statement.