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KRSNOX
Date: 20 August, 2026
To, To,
National Stock Exchange of India BSE Limited
Limited 25" Floor,
Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex Dalal Street, Fort,
Bandra [E], Mumbai - 400 001
Mumbai — 400051 BSE Scrip Code: 544187
NSE Scrip Symbol: KRONOX
Dear Sir/Madam
Sub: DISCLOSURE UNDER REGULATIONS 30 AND 30A READ WITH PARAGRAPH A(5)
AND A(5A) OF PART A OF SCHEDULE Ill OF SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS 2015, AS AMENDED FROM TIME
TO TIME (“SEBI LODR REGULATIONS”) READ WITH SEBI MASTER CIRCULAR
NO. HO/49/14/14(7)2025-CFD-POD2//3762/2026 (UPDATED ON JANUARY 30,
2026) (“SEBI MASTER CIRCULAR”").
Pursuant to the provisions of Regulations 30 and 30A read with paragraph A(5) and
paragraph A(5A) of Part A of Schedule Il of SEBI LODR Regulations, this is to kindly
inform you that, Kronox Lab Sciences Limited (the “Company”) has received an
intimation from the promoters of the Company, namely, Mr. Ketan Vinodchandra
Ramani, Mr. Pritesh Vinodchandra Ramani and Mr. Jogindersingh Gianchand Jaswal
(collectively, the “Sellers”) that the Sellers have executed a Share Purchase
Agreement (“SPA”) dated August 20, 2026 with Indo Borax & Chemicals Limited
(“Acquirer”) and Zenrock Chemicals Private Limited (“ZCPL") for the sale of an
aggregate of 2,38,44,000 equity shares held by the Sellers in the Company
constituting approximately 64.26% of the total paid-up equity share capital of the
Company to the Acquirer, subject to the terms and conditions as set out in the SPA
(“SPA Transaction”).
Pursuant to the SPA Transaction, the Acquirer along with ZCPL, in its capacity as
persons acting in concert with the Acquirer have agreed to make a mandatory tender
offer to the public shareholders of the Company in accordance with Regulation 3(1)
and Regulation 4 of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, as amended.
Details as required under SEBI LODR Regulations read with the SEBI Master Circular
is enclosed herewith as “Annexure I".
KRONOX LAB SCIENCES LIMITED
Corporate Office Address : Block No. 284, Village : Dabhasa, Taluka : Padra, Dist. : Vadodara, Gujarat State - 391 440.
Registered Office Address : Block No. 353, Village : Ekalbara, Taluka : Padra, Dist. : Vadodara, Gujarat State - 391 440.
Phone No. : +91 02662 299002 CIN : L24117GJ2008PLC055460
Email : info@kronoxlabsciences.com, Webside : www.kronoxlabsciences.com
KR®NOX
The Company shall make such further disclosures as may be required under the
applicable regulatory framework upon completion of the proposed sale.
You are requested to take the above information on record.
Thanking you,
Yours Faithfully
For KRONOX LAB SCIENCES LIMITED
KRONOX LAB SCIENCES LIMITED
Corporate Office Address : Block No. 284, Village : Dabhasa, Taluka : Padra, Dist. : Vadodara, Gujarat State - 391 440.
Registered Office Address : Block No. 353, Village : Ekalbara, Taluka : Padra, Dist. : Vadodara, Gujarat State - 391 440.
Phone No. : +91 02662 299002 CIN : L24117GJ2008PLC055460
Email : info@kronoxlabsciences.com, Webside : www.kronoxlabsciences.com
Date: 20™ August, 2026
Kronox Lab Sciences
Limited
Block No. 353, Ekalbara
Padra,
Dist. Vadodara-391440
Dear Sir/Madam
Sub: INTIMATION UNDER REGULATION 30A READ WITH PARAGRAPH A(5A) OF PART
A OF SCHEDULE Il OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE
REQUIREMENTS) REGULATIONS 2015, AS AMENDED FROM TIME TO TIME
(“SEBI LODR REGULATIONS”) READ WITH SEBI MASTER CIRCULAR NO.
HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 (UPDATED ON JANUARY 30, 2026)
(“SEBI MASTER CIRCULAR”) .
Pursuant to the provisions of Regulation 30A read with paragraph A(5A) of Part A of
Schedule Ill of SEBI LODR Regulations, this is to kindly inform you that, we, Mr. Ketan
Vinodchandra Ramani, Mr. Pritesh Vinodchandra Ramani and Mr. Jogindersingh
Gianchand Jaswal (collectively, the “Sellers”) have executed a Share Purchase
Agreement (“SPA”) dated August 20, 2026 with Indo Borax & Chemicals Limited
(“Acquirer”) and Zenrock Chemicals Private Limited (“ZCPL”) for the sale of an
aggregate of 2,38,44,000 equity shares held by the Sellers (in aggregate) in Kronox
Lab Sciences Limited (the “Company”), constituting approximately 64.26% of the total
paid-up equity share capital of the Company to the Acquirer, subject to the terms and
conditions as set out in the SPA (“SPA Transaction”).
As a result of the SPA Transaction, the Acquirer along with ZCPL, in its capacity as
persons acting in concert with the Acquirer are required to make a mandatory tender
offer to the public shareholders of the Company in accordance with Regulation 3(1)
and Regulation 4 of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, as amended.
Details as required under SEBI LODR Regulations read with the SEBI Master Circular
is enclosed herewith as “Annexure I".
We request you to kindly take the above information on record.
Thanking you,
Signed and delivered by
Jogindersingh Gianchand Jaswal chandra Ramani Pritesh Vinodchandra Ramani
Place: Mumbai Place: Mumbai Place: Mumbai
ANNEXURE |
Details as required under Regulation 30 read with Regulation 30A and Paragraph A(SA) of Part A of Schedule
IIl of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI
Master Circular for Listed Entities:
Sr.No. Particulars Details
No, the listed entity, i.e. the Company is not a party to the SPA.
If the listed entity is a party to the
agreement:
. Details of the counterparties
(including name and relationship
with the listed entity)
If listed entity is not a party to the | The following promoters of the Company as listed in (i) have
agreement, entered into the SPA with the counterparties listed in (ii) below:
i. Name of the party entering into
2 the agreement and relationship
with the Company a. Mr. Ketan Vinodchandra Ramani, promoter holding
26.40% of the Company's share capital as on the date of the
SPA;
b. Mr. Pritesh Vinodchandra Ramani, promoter holding
21.40% of the Company's share capital as on the date of the
SPA; and
c. Mr. Jogindersingh Gianchand Jaswal, promoter holding
26.40% of the Company's share capital as on the date of the
SPA; (collectively, the “Sellers™).
The other parties to the SPA, namely Indo Borax & Chemicals
ii. Details of the counterparty(ies) | Limited (the “Acquirera”n)d Zenrock Chemicals Private Limited
to the agreement, including (“PAC”) are not related to the Company or to its promoter/
name and relationship with the | oomoter group. The Acquirer and the PAC do not hold any
Company shares in the Company, as on the date of execution of the SPA.
. R The SPA has been executed on August 20, 2026.
iii. Date of entering into the
agreement
Purpose of entering into the | The purpose of entering into the SPA is the sale and transfer by
3 agreement the Sellers to the Acquirer of an aggregate of 2,38,44,000 equity
shares held by the Sellers in the Company, constituting
approximately 64.26% of the total paid-up equity share capital
Sr. No. Particulars Details
of the Company, subject to the terms and conditions set out in
the SPA.
Shareholding, if any, of the Company
Not applicable, as neither the Acquirer nor the PAC holds any
in the Acquirer/ PAC, or of the
shares in the Company and vice versa.
Acquirer/ PAC in the Company as on
date
~ The SPA proposes the sale of 2,38,44,000 equity shares,
constituting approximately 64.26% of the total paid-up
equity share capital of the Company (out of the aggregate
74.21% held by the Sellers), by the Sellers to the Acquirer;
— The completion is subject to fulfilment of the conditions
precedent and other terms as set out in the SPA;
— Pursuant to the terms of the SPA, the Acquirer has agreed
to acquire shares entitling it to exercise more than twenty
five percent of the voting rights in the Company and
accordingly, the transaction shall be undertaken in
compliance with the SEBI (Substan
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