BSECompany Update28 Aug 2026 · 28 Aug 2026, 07:12 pm
IIFL Capital Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Detailed Public Statement in terms of Regulation 3(1) and 4 read with Regulations 13(4), 14(3), 15(2) ....
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 to acquire its equity shares.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Kronox Lab Sciences Ltd - 544187 - Detailed Public Statement - Updates on Open Offer
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71D856CE-547D-40F5-BA64-3437A3034E6B-191249.pdf
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August 28, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relations Exchange Plaza, C-1, Block G,
P. J. Towers, Bandra Kurla Complex,
Dalal Street, Bandra (East),
Mumbai- 400 001 Mumbai – 400 051
Dear Sir/Madam,
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").
This has reference to the captioned Offer and further to our letter dated August 20, 2026 for submission of
Public Announcement in terms of Regulations 3(1) and 4 and other applicable provisions of the Takeover
Regulations.
In terms of Regulation 14(3) of the Takeover Regulations, the Detailed Public Statement dated August 27,
2026 has been published in the following publications on August 28, 2026:
Newspapers Language Edition
Financial Express English All Edition
Jansatta Hindi All Edition
Navshakti Marathi Mumbai Edition
Loksatta – Jansatta Gujarati Vadodara Edition
As the equity shares of the Target Company are listed on your Stock Exchanges, in terms of Regulation 14(4)
of the Takeover Regulations, please find enclosed a copy of Detailed Public Statement dated August 27, 2026
published on August 28, 2026 appeared in the Financial Express – English – Mumbai edition.
Thanking you,
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