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Indo Borax Promoter Reports Off-Market Sale of 26.35% Equity Stake

Story Highlights
  • Indo Borax disclosed that promoter Sajal Jain and Sreelekha Jain sold 8,455,390 shares off-market.
  • The sale represents about 26.35% of Indo Borax’s paid-up equity, signaling a major shift in shareholding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indo Borax Promoter Reports Off-Market Sale of 26.35% Equity Stake

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An announcement from Indo Borax & Chemicals Limited ( (IN:INDOBORAX) ) is now available.

Indo Borax & Chemicals Limited has disclosed that company promoter Sajal Sushilkumar Jain, jointly with Sreelekha Sajal Jain, has executed an off-market sale of 8,455,390 equity shares, representing approximately 26.35% of the company’s total issued and paid-up equity share capital. The transaction, dated January 23, 2026, was reported to the company and subsequently to the stock exchanges under SEBI’s Prohibition of Insider Trading Regulations, signaling a significant change in promoter shareholding that could have implications for the company’s ownership structure and investor perception, even though no additional operational or strategic context was provided in the disclosure.

More about Indo Borax & Chemicals Limited

Indo Borax & Chemicals Limited operates in the chemicals sector, focusing on the production and sale of boron and borax-based chemical products, which are used across industrial, pharmaceutical, and specialty chemical applications in India and potentially export markets.

Average Trading Volume: 6,912

Technical Sentiment Signal: Buy

Current Market Cap: 7.81B INR

For detailed information about INDOBORAX stock, go to TipRanks’ Stock Analysis page.

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