INDO BORAX & CHEMICALS LTD.-$

Indo Borax & Chemicals Ltd reported a strong first quarter for FY27, with consolidated net profit soaring 59.31% to ₹16.25 crore from ₹10.20 crore in the same period last year. This significant growth was driven by robust demand in the boron-based chemicals market and improved operational efficiencies. Operating income increased by 31.34% to ₹70.36 crore. The company also announced board approval for the amalgamation of its wholly-owned subsidiary, Indoborax Infrastructure Private Ltd, with Indo Borax Chemicals, pending regulatory approvals. The company highlighted strong capacity utilization and expects to sustain its growth momentum.

Indo Borax & Chemicals Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported its financial performance for the period, with the results being reviewed by the Audit Committee and approved by the Board of Directors on August 10, 2026. The results have also undergone a limited review by the statutory auditors. The company operates in a single segment, 'Manufacturing and selling of Chemicals'. A scheme of amalgamation of its wholly-owned subsidiary, Indoborax Infrastructure Private Limited, with the company was approved by the Board on July 21, 2026, subject to regulatory approvals.

Indo Borax & Chemicals Ltd announced the outcome of its Board Meeting held on August 10, 2026. The board approved the unaudited standalone financial results for the quarter ended June 30, 2026. The company reported total income and expenses, with profit after tax for the period. The results were subjected to a limited review by the statutory auditors. Additionally, the board previously approved a scheme of amalgamation for its wholly-owned subsidiary, subject to regulatory approvals.

Indo Borax & Chemicals Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda for this meeting is to consider and approve various company matters. The filing was made on August 4, 2026, and communicated to both the BSE and the National Stock Exchange of India.

Indo Borax & Chemicals Ltd conducted its 45th Annual General Meeting (AGM) on Tuesday, July 28, 2026, at 11:00 AM IST. The meeting was held virtually via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with the Companies Act, 2013, SEBI Listing Regulations, and relevant circulars. A total of 75 shareholders attended the meeting. The proceedings included welcome remarks, the Chairman's address on business highlights for FY 2025-26, introductions of directors and key personnel, and the presence of statutory auditors, secretarial auditors, and the scrutinizer. The meeting concluded at 12:17 PM IST.

Indo Borax & Chemicals Ltd has officially notified the BSE and NSE about a change in its registered office address. The new address is 302, 3rd Floor, Link Rose Building, Linking Road, Santacruz (West), Mumbai - 400054. This change is part of a broader consolidation strategy within the group, involving the amalgamation of a wholly-owned subsidiary, Indo Borax & Chemicals Ltd (Transferor Company), with the parent company (Transferee Company). The rationale behind this amalgamation includes streamlining group structure, enhancing management focus, and improving operational efficiency through combined resources and economies of scale. The company has confirmed that the transaction is between related parties and is conducted at arm's length. The Board of Directors meeting to discuss these matters concluded on July 21, 2026.

Indo Borax & Chemicals Ltd announced that its Board of Directors has approved a Scheme of Amalgamation involving IndoBorax Infrastructure Private Limited. The amalgamation is part of a consolidation strategy within the group, aiming to streamline the group structure, enhance management focus, and improve operational efficiency through resource pooling and cost reduction. The Transferor Company, IndoBorax Infrastructure Private Limited, is a wholly-owned subsidiary of the Transferee Company, Indo Borax & Chemicals Ltd. The transaction is considered a related party transaction but is stated to be at arm's length. The meeting commenced at 11:45 a.m. and concluded at 12:31 p.m. on July 21, 2026.

The Board of Directors of Indo Borax & Chemicals Ltd met on July 21, 2026, to discuss and approve a scheme of amalgamation. The proposed merger involves the Transferor Company, a wholly-owned subsidiary, being amalgamated with the Transferee Company (Indo Borax & Chemicals Ltd). The rationale behind this move includes streamlining the group structure, enhancing management focus, and improving operational efficiency through the pooling of resources, reduction of overheads, and elimination of duplication. The transaction is considered a related party transaction and is expected to be conducted at arm's length.

Indo Borax & Chemicals Ltd has issued a physical letter to shareholders whose email addresses are not registered, providing a weblink to the Annual Report for the financial year 2025-26. The letter serves as a communication channel to ensure all shareholders have access to the company's annual financial statements and disclosures. This action is a standard corporate governance practice to facilitate information dissemination to the entire shareholder base.

Indo Borax & Chemicals Ltd has issued a notice for its 45th Annual General Meeting (AGM) for the Financial Year 2025-26. The company reported strong financial performance for FY 2025-26, with operating revenue growing by 22.9% to ₹215.45 crore and consolidated net profit increasing by 18.3% to ₹50.27 crore. Earnings per share reached ₹15.67. The company also declared a total dividend of ₹40 per share, comprising a final dividend of ₹10 and a special dividend of ₹30, arising from the monetization of non-core assets. Looking ahead, Indo Borax plans to expand its Boric Acid capacity, invest ₹20 crore in a new Boron Oxide facility, grow its international footprint, and increase R&D investment in specialized boron-based solutions. The company aims to transform into a diversified Boron chemistry company of global relevance.