Announced Wed, 30 Sept, 2026 · 12:52 IST
Kronox Lab Sciences: Indo Borax becomes new promoter with 64.26% stake
KRONOX · price
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Price reaction · full curve 14 horizons · vs prior close
-5.3%1-day move
₹217.00
prior close
₹219.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.2+0.2+0.2-5.3-7.9-4.8-3.0-7.4—————
Up moveDown movePending
AI summary
Seller Ketan Vinodchandra Ramani sold 85,66,400 equity shares (23.088% of paid-up capital) of Kronox Lab Sciences to Indo Borax Chemicals off-market under a Share Purchase Agreement dated August 20, 2026. Along with purchases from two other sellers, Indo Borax acquired 2,38,44,000 shares in aggregate, giving it 64.26% voting rights and promoter status in Kronox. His post-sale holding is 3.32%.
Likely market impact
Change of promoter at Kronox Lab Sciences. Indo Borax now controls 64.26%; original promoter Ketan Ramani holds just 3.32%.