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Indo Borax & Chemicals gets nod to invest in subsidiary company

23 Mar 2021 Evaluate

Indo Borax & Chemicals has received an approval for further invest in subsidiary company Indoborax Infrastructure by subscribing 1,00,000 equity shares of Rs 10 each at a premium of Rs 929 per share for furtherance of business activities. The Board of Directors at their meeting held on March 22, 2021 considered and approved the same.

Indo Borax & Chemicals operates a most modern Boric Acid and Borax plant at Pithampur, Madhya Pradesh. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid.

Indo Borax & Chem. Share Price

253.75 -0.80 (-0.31%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
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