Indo Borax & Chemicals Secures ₹225 Crore Funding For Kronox Lab Sciences Acquisition
Indo Borax & Chemicals has secured ₹225 crore in funding from a lending institution. This financing will be used to acquire equity shares of Kronox Lab Sciences Limited, as previously announced by the company.
FPJ Web Desk
Updated: Thursday, September 24, 2026, 03:57 PM IST
Indo Borax & Chemicals Secures ₹225 Crore Funding |
Mumbai: Indo Borax & Chemicals Limited announced on Tuesday, 24 September 2026, that it has availed ₹225 crore in funding. The company secured this amount from a lending institution on 23 September 2026.
Acquisition Financing
The funding is specifically earmarked for financing the acquisition of equity shares in Kronox Lab Sciences Limited. Indo Borax had previously disclosed its plans for this acquisition.
Future Disclosures
The company stated it will provide further disclosures as required, in accordance with the applicable provisions of the SEBI Listing Regulations.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.
Published on: Thursday, September 24, 2026, 03:57 PM IST
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