Indo Borax & Chemicals

Off-market transaction structure avoids Securities Transaction Tax (STT) on the primary stake, with total stamp duty estimated at ~₹59.48 lakhs.

Acquisition deal value of ~₹396.5 Cr is below the ₹2,000 Cr threshold, exempting Indo Borax from mandatory Competition Commission of India (CCI) approval.

Strong distribution network with 55-60% revenue from steel industry provides a ready channel for cross-selling Kronox's specialty chemicals, accelerating market penetration in industrial segments.