Kronox Lab Sciences shares rally 32% in 2 days

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Key points

• Top Trending Stocks: SBI Share Cost, Axis Bank Share Rate, HDFC Bank Share Cost, Infosys Share Rate, Wipro Share Cost, NTPC Share Rate.
• Kronox Lab Sciences shares rally 32% in 2 days as Indo Borax, Zenrock Chemicals eye stake acquisition.
• After the announcement by Indo Borax, kronox Lab Sciences shares hit a 20% upper circuit in Thursday's session.
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• Post-transaction, Kronox Lab Sciences' erstwhile promoters will continue to hold a 9.95% stake and provide transition backing.

Kronox Lab Sciences shares rally 32% in 2 days as Indo Borax, Zenrock Chemicals eye stake acquisition. ETMarkets.comLast Updated: Aug 21, 2026, 12: 01: 00 PM IST.

Shares of Kronox Lab Sciences surged after Indo Borax and Zenrock Chemicals confirmed aims to acquire a 64.26% stake in the firm and launch an open offer for an further 25.79% stake.

After the firm unveiled that Indo Borax and Zenrock Chemicals have created an open offer to the public shareholders of Kronox Lab Sciences to acquire up to a 25.79% stake in the business, in a regulatory filing on the BSE, shares of chemical manufacturer Kronox Lab Sciences rallied over 10% to Rs 205.75 on the BSE on Friday. Indo Borax confirmed on Thursday that it will acquire a 64.26% stake in Kronox Lab Sciences, along with Zenrock Chemicals, acting as a person acting in concert (PAC), through an open offer to acquire up to 95.7 lakh equity shares, representing a 25.79% stake. Post-transaction, Kronox Lab Sciences' erstwhile promoters will continue to hold a 9.95% stake and provide transition backing.

As per a regulatory filing on the BSE, the acquisition is part of a long-term strategy to diversify the company's portfolio by investing in sectors that demonstrate stability and expansion potential, Indo Borax & Chemicals stated. The firm additionally intends to nurture and expand Kronox Lab Sciences' business and maximise value creation for all stakeholders. After the acquisition, Indo Borax & Chemicals will acquire control and voting rights of 25.79% of the voting share capital of Kronox Lab Sciences. Kronox Lab Sciences Share Cost.

After the announcement by Indo Borax, kronox Lab Sciences shares hit a 20% upper circuit in Thursday's session. The shares of the firm gained 3% in the last three months, but have declined over 8% in the year so far. Live Events.

In the longer term, Kronox Lab Sciences shares have delivered 19% returns over the last three years, and over 40% returns in the last five years. Regarding Kronox Lab Sciences Ltd.

Incorporated in 2008 and headquartered at Vadodara, Gujarat, Kronox Lab Sciences Limited manufactures highpurity speciality fine chemicals, including excipients, reagents, buffers and intermediates, for the pharmaceutical, nutraceutical, biotechnology, agrochemical, scientific research, laboratory testing, metallurgy and personal care industries. The Firm operates multiple manufacturing units in Gujarat and markets a portfolio of more than 185 products throughout domestic and export markets. Kronox Lab Sciences had documented revenue of approximately Rs 101 crore and profit after tax of Rs 28 crore for FY2026.

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Taken together, the developments around kronox Lab Sciences shares rally 32% in 2 days point to a situation that is still moving, and the coming days should bring more clarity.