BSEGeneral1d ago · 14 Oct 2026, 04:57 pm
Outcom of Board Meeting held on October 14, 2026 to discuss agenda for acquition of Plant at Dahej, SEZ
Kronox Lab Sciences Ltd · 544187
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Kronox Lab Sciences Ltd has announced the acquisition of a plant in Dahej Special Economic Zone from Axiom Chemicals Private Limited to expand its manufacturing capacity for business growth.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Kronox Lab Sciences Ltd - 544187 - Board Meeting Outcome for Outcome Of Board Meeting Held On October 14, 2026
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Date: October 14, 2026
BSE Limited National Stock Exchange of India Limited
The Corporate Relations Department, Exchange Plaza,
25th Floor, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (East),
Dalal Street, Mumbai - 400 001 Mumbai 400 051
Stock Code – 544187 Stock Code – KRONOX
Subject: Outcome of Board Meeting held on October 14, 2026 under Regulation 30 of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III, Part A, Para A of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we would like to inform
you that the Board of Directors of the Company, at its meeting held today, i.e., Wednesday,
October 14, 2026 has inter alia considered and approved the following:
Acquisition of a Plant admeasuring about 5000 Sq. meters located in a Dahej Special
Economic Zone from Axiom Chemicals Private Limited
The details required under Regulation 30 of the Listing Regulations read with the SEBI Master
Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are
given in Annexure A.
Kindly take the above on record.
Thanking you,
Yours faithfully,
For KRONOX LAB SCIENCES LIMITED
Nikhil Goswami
Company Secretary
Membership No.: A68272
Annexure A: Details of Acquisition
Particulars Details
Acquisition of Plant admeasuring about
5000 Sq. meters of Axiom Chemicals
a Name of the target entity. Private Limited (“Seller”), located at Z/80,
Dahej SEZ only and the seller company is
not being acquired.
Whether the acquisition would fall within
related party transaction(s) and whether the No. The Seller is not a related party of the
promoter/promoter group/group companies Company, and no promoter/promoter
have any interest in the entity being acquired? If group/group company has any interest in
yes, nature of interest and details thereof and the Seller or the transaction.
whether the same is done at “arm’s length”
Industry to which the entity being acquired
c Chemicals
belongs
Objects and impact of acquisition (including
but not limited to, disclosure of reasons for The acquisition is to expand
d acquisition of target entity, if its business is manufacturing capacity for growth of
outside the main line of business of the listed Business.
entity)
Approval of the Development
Commissioner / SEZ authority for transfer
Brief details of any governmental or regulatory of unit/land lease rights, other approvals,
approvals required for the acquisition e.g., State Pollution Control Board, GIDC /
relevant other development authority
consent], as applicable.
Within one month, subject to receipt of
Indicative time period for completion of the
F requisite approvals and execution of
acquisition
definitive agreements.
Consideration: whether cash consideration or Cash consideration, to be funded through
share swap, and details of the same internal accruals.
Particulars Details
No Shares are to be acquired, only Cash
Cost of acquisition and/ or the price at which consideration plus related expenses
the shares are acquired (taxes, duties, stamp duty, registration
and other incidental charges).
Percentage of shareholding / control acquired Not applicable, as this is an acquisition of
and/or number of shares acquired a plant/asset and not of shares/Control.
Brief background about the entity acquired in Seller entity is not being acquired.
terms of products/line of business acquired, However, its brief details are as follows:
date of incorporation, history of last 3 years’ Axiom Chemicals Private Limited and is
turnover, country in which the acquired entity engaged in business of Chemicals. The
has presence and any other significant plant is engaged in manufacturing
information (in brief) Chemicals.