Kronox Lab Sciences: IIFL Capital Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to…
Kronox Lab Sciences (KRONOX) filed a disclosure titled "IIFL Capital Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Kronox Lab Sciences Ltd ("Target Company")". The company is valued at…
What happened
Kronox Lab Sciences (KRONOX) filed a disclosure with the exchanges on 29 October 2026 at 05:20 PM titled "IIFL Capital Services Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Kronox Lab Sciences Ltd ("Target Company")".
Company snapshot
Kronox Lab Sciences is a micro-cap company, with a market value of about ₹723 crore.
The stock last traded at ₹194.7, against a 52-week range of ₹96–₹227.7 (14.5% below the high).
Before this filing the shares had moved −5.1% over the month and +29.6% over three months. Average daily turnover over the last 20 sessions was about ₹1.7 crore.
Promoters held 74.21% at the end of Q1 FY27. Foreign institutions owned 0.04% and domestic institutions 2.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 24 | 6.3 | 1.7 |
| Q2 FY26 | 26 | 6.7 | 1.82 |
| Q3 FY26 | 25 | 6.6 | 1.79 |
| Q4 FY26 | 26 | 8 | 2.18 |
| Q1 FY27 | 28 | 7.3 | 2 |
What history shows
BCEIE's records show 8 previous open offer filings from the company since May 2026.
After those filings, the stock gained 9.2% on average the next trading day and was up 3.5% on average after five days (8 filings with price data).
Market-wide, 334 open offer filings with an impact score of 50 or more saw an average next-day move of +2.1%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 29 Sept 2026 | Open offer | −5.2% | — |
| 5 Sept 2026 | 'Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015… | −5.3% | −7.8% |
| 4 Sept 2026 | Draft Letter of Offer | −5.3% | −7.8% |
| 28 Aug 2026 | Publication Of Detailed Public Statement ('DPS') In Connection With… | +0.9% | +0.3% |
| 28 Aug 2026 | Detailed Public Statement - Updates on Open Offer | +0.9% | +0.3% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Kronox Lab Sciences acquires Axiom Chemicals’ Dahej plant
- KRONOX Lab Sciences Limited Publishes Unaudited Financial Results for Q3 FY26
- Kronox Lab Sciences Limited Estimates – NSE:KRONOX
- KRONOX Lab Sciences to acquire 5,000 sq metre Dahej SEZ chemical plant to expand manufacturing capacity
- Kronox Lab Sciences to Expand Manufacturing Capacity with Dahej SEZ Facility Acquisition
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.