
Acquisitions14 Oct 2026, 05:00 pm
Kronox Lab Sciences Acquires 5000 Sq. Meter Plant in Dahej SEZ
AI Summary
Kronox Lab Sciences Ltd has approved the acquisition of a 5000 Sq. meter plant located in Dahej SEZ from Axiom Chemicals Private Limited. This strategic acquisition aims to expand the company's manufacturing capacity to support business growth. The transaction, valued at a cash consideration plus related expenses, is expected to be completed within one month, subject to regulatory approvals. The acquired plant is in the chemicals industry, and the seller is not a related party. The acquisition will be funded through internal accruals.
Key Highlights
- Acquisition of a 5000 Sq. meter plant in Dahej SEZ.
- Expansion of manufacturing capacity for business growth.
- Transaction to be completed within one month.
- Funded through internal accruals.
- No related party transaction involved.
Price Impact
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