Indo Borax & Chemicals Limited (IBCL) has marked a significant milestone in its operations by initiating commercial dispatches of Boron Oxide, a value-added product, from its manufacturing facilities in Pithampur, Madhya Pradesh. The company made this announcement to the stock exchanges BSE and NSE on July 31, 2025, in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

New Product Launch

Boron Oxide, the newly introduced product, represents IBCL's strategic move into value-added offerings. This development is expected to diversify the company's product portfolio and potentially open up new market opportunities.

Facility Details

The commercial dispatches are originating from IBCL's manufacturing facilities located in Pithampur, Madhya Pradesh. This industrial town is known for its strategic location and infrastructure, which could potentially benefit the company's distribution network.

Management Statement

In the official intimation to the stock exchanges, Pravin Chavan, Company Secretary & Compliance Officer of Indo Borax & Chemicals Ltd, stated, "Indo Borax & Chemicals Limited has commenced initial commercial dispatches of value added product 'Boron Oxide' from its manufacturing facilities located at Pithampur (M.P.)."

Market Impact

While it's too early to quantify the financial impact of this new product line, the commencement of commercial dispatches signals the company's readiness to enter new markets and potentially enhance its revenue streams.

About Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited is listed on both the BSE and the National Stock Exchange. The company's registered office is located at 302, 3rd Floor, Link Rose Building, Linking Road, Santacruz (West), Mumbai - 400054, India.

Investors and market watchers will likely keep a close eye on future announcements from IBCL to gauge the performance and market reception of its new Boron Oxide product line.

Indo Borax & Chemicals Limited has executed a framework agreement for the sale of non-core assets worth ₹62.02 crores to promoter group members. The company announced the execution of the framework agreement on December 13, 2025, following earlier shareholder approval obtained through postal ballot.

Framework Agreement Details

The framework agreement has been executed with three purchasers from the promoter group:

Assets Under Transaction

The framework agreement covers the sale and transfer of specific assets as previously approved:

Approval Timeline

The transaction has completed all necessary approval stages:

Transaction Structure

The framework agreement records the terms applicable for the asset transfers in accordance with the postal ballot notice dated July 21, 2025. The transaction is being conducted at arm's length basis with sale prices above independent valuations. The agreement does not provide any special rights to the purchasers, such as rights to appoint directors or restrict capital structure changes.

Strategic Rationale

The asset sale aims to unlock value from non-core properties and vehicles that are not contributing significantly to the company's core boron-based products business operations. Following the sale, the company plans to lease back the office property for ₹0.55 crore annually, ensuring continued operational access while monetizing the asset.