
Shareholding30 Sept 2026, 03:04 pm
Kronox Lab: Jogindersingh Jaswal sold 23.08% stake to Indo Borax
AI Summary
Jogindersingh Gianchand Jaswal, a seller in Kronox Lab Sciences Ltd, has sold 85,66,400 equity shares, representing 23.08% of the company's total paid-up equity share capital. The off-market sale was made to Indo Borax & Chemicals Limited and Zenrock Chemicals Private Limited (PAC) pursuant to a Share Purchase Agreement dated August 20, 2026. Prior to this transaction, the seller held 97,96,400 shares (26.40%). Following the sale, the seller's holding in Kronox Lab Sciences Ltd stands at 12,30,000 shares, which constitutes 3.32% of the total share capital. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Jogindersingh Jaswal sold 85,66,400 equity shares of Kronox Lab Sciences.
- This off-market sale represents a 23.08% stake in the company.
- The shares were sold to Indo Borax & Chemicals Ltd and Zenrock Chemicals Private Ltd.
- Seller's holding decreased from 26.40% to 3.32% after the transaction.
Price Impact
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