BSECompany Update19h ago · 5 Nov 2026, 04:30 pm
IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd) ("Manager to the Open Offer") has submitted to BSE a copy of Offer Opening Public Announcement in accordance with Regulation 18(7) of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as amended ("SEBI (SAST) Regulations") cum Corrigendum to the Detailed Public Statement for the attention of the public shareholders of Kronox Lab Sciences Ltd ("Target Company").
Kronox Lab Sciences Ltd · 544187
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Kronox Lab Sciences Ltd has received an open offer from Indo Borax and Chemicals Limited and Zenrock Chemicals Private Limited for the acquisition of equity shares. The offer opening public announcement cum corrigendum has been published in various newspapers. The tendering period for the offer will commence on November 6, 2026.
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Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Kronox Lab Sciences Ltd - 544187 - Updates on Open Offer
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November 5, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relations Exchange Plaza, C-1, Block G,
P. J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai- 400 001 Mumbai – 400 051
Sub: Open offer by Indo Borax and Chemicals Limited ("Acquirer") along with Zenrock Chemicals
Private Limited ("PAC") to the public shareholders of Kronox Lab Sciences Limited ("Target
Company") for acquisition of equity shares pursuant to Regulations 3(1) and 4 and other
applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011, as amended ("SEBI (SAST) Regulations") ("Offer").
Dear Madam / Sir,
This has reference to the captioned Open Offer and our letters dated August 20, 2026 for submission of Public
Announcement (“PA”), August 28, 2026 for submission of Detailed Public Statement (“DPS”), September 4,
2026 for submission of Draft Letter of Offer (“DLOF”), and October 29, 2026 for submission of Letter of Offer
(“LOF”).
In accordance with Regulation 18(7) of the SEBI (SAST) Regulations, the Acquirer and the PAC has published
Offer Opening Public Announcement cum Corrigendum dated November 4, 2026 in the following newspapers
on November 5, 2026:
Newspapers Language Edition
Financial Express English All Editions
Jansatta Hindi All Editions
Navshakti Marathi Mumbai Edition
Loksatta – Jansatta Gujarati Vadodara Edition
As the equity shares of the Target Company are listed on your stock exchange, we enclose herewith a published
copy of the Offer Opening Public Announcement cum Corrigendum that appeared in the Financial Express,
Jansatta, Navshakti and Loksatta – Jansatta.
The Tendering Period for the Offer will commence on November 6, 2026.
Capitalised terms used but not defined in this letter bear the meaning ascribed to it in the LOF.
Should you require any further information / clarifications on the same, please contact the following persons:
Contact Person Mobile Telephone Email
Yogesh Malpani Vice President +91 89767 58023 yogesh.malpani@iiflcap.com
Dhruv Bhavsar AVP +91 79779 58803 dhruv.bhavsar@iiflcap.com
Thanking you,
Yours faithfully,
For IIFL Capital Services Limited (formerly known as IIFL Securities Limited)
Name: Yogesh Malpani
Designation: Vice President
Encl: As above
IIFL Capital Services Limited (formerly known IIFL Securities Limited)
Corporate Identity Number: L99999MH1996PLC132983 | SEBI Merchant Banking Registration Number: INM000010940
24th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai – 400013. Tel: +91 22 4646 4600 Fax: +91 22 2493 1073
Regd. Office: IIFL House, Sun lnfotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane - 400 604
Tel: (91-22) 3929 4000/ 4103 5000 • Fax: (91-22) 2580 6654• E-mail: info.ib@iiflcap.com; secretarial@iifl.com
• Website: www.iiflcap.com; www.iiflcapital.com
ðzkuËhk økwhwðkh 05 LkðuBçkh, 2026 05
marathi.freepressjournal.in