Indo Borax Appoints MD & CEO at Acquired Kronox Lab Sciences

Indo Borax & Chemicals Ltd has appointed Suresh Kalra as Managing Director and CEO, and Shashikant Bharuka as CFO of its recently acquired subsidiary, Kronox Lab Sciences Ltd. This follows Indo Borax's acquisition of a 64.26% stake in Kronox Lab Sciences on September 29. The new leadership aims to strengthen operational synergies and drive growth for Kronox, which reported FY26 revenue of approximately ₹101 crore and PAT of approximately ₹28 crore. The acquisition marks a new phase for Indo Borax, leveraging Kronox's expertise in high-purity specialty chemicals.