Indo Borax to acquire 64.26% stake in speciality chemicals player Kronox Lab Sciences
The share purchase agreement was signed between Indo Borax, Zenrock Chemicals Private Limited and the promoters of Kronox Lab Sciences As per the SPA, Indo Borax will acquire 2,38,44,000 equity shares (Rs. 10 Face Value each) in Kronox Lab Sciences for an aggregate consideration of Rs. 246.12 crore Indo Borax’s Board also approved making an…