Rs. 225 crore funding availed from lending institution to finance Kronox Lab Sciences share acquisition

The company has availed funding of ~225 crore (Rupees Two Hundred Twenty-Five Crore only) from a lending institution on 23rd September, 2026.

Thu 24 Sep 2026

Funding Amount

~225 crore (Rupees Two Hundred Twenty-Five Crore only)

Funding Date

23rd September, 2026

Funding Source

lending institution

Purpose

financing the acquisition of equity shares of Kronox Lab Sciences Limited

Regulatory Disclosure

Regulation 30 of SEBI LODR

What was announced

The company informed the exchanges that it has availed funding of ~225 crore (Rupees Two Hundred Twenty-Five Crore only) from a lending institution on 23rd September, 2026.

Purpose of the borrowing

• The funds are for financing the acquisition of equity shares of Kronox Lab Sciences Limited.
• This acquisition had been disclosed by the company earlier.

What it means for investors

• The borrowing indicates the funding route chosen for the previously announced acquisition, rather than a fresh transaction.
• Debt-funded acquisitions add interest costs and leverage; investors may watch subsequent disclosures for the terms and the completion of the acquisition.

The company stated it will make further disclosures as may be required.

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