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 , a leading manufacturer of boron-based products, has issued a postal ballot notice seeking shareholder approval for four resolutions involving material related party transactions worth ₹62.02 crores. The company proposes to sell non-core assets to promoter group members, including Managing Director Sajal Sushilkumar Jain and family members.

Assets for Sale

The assets to be sold include:

Transaction Details

The sale prices are above independent valuations obtained from registered valuers. Following the sale, the company plans to lease back the office property for ₹0.55 crore annually.

Approval Process

E-voting is scheduled from July 28 to August 26, 2025, with results expected by August 28, 2025. The transactions require:

• Ordinary resolutions for related party approvals
• A special resolution under Section 180 of Companies Act

Rationale and Impact

The sale aims to unlock value from non-core assets that are not contributing significantly to the company's business operations. The proceeds may be utilized for business operations and strategic initiatives.

Indo Borax & Chemicals has emphasized that the transaction is being conducted on an arm's length basis, with sale prices above fair values determined by independent registered valuers.

The proposed sale transaction is expected to:

• Streamline the company's asset base
• Enhance financial flexibility
• Potentially position the company for future growth opportunities

Shareholders will vote on the proposal through a postal ballot, with the transaction proceeding only if it receives the necessary approvals from shareholders and regulatory authorities.