Base hydrolysis of [Cr(ox)2(pda)]3− (where pda is N,O-bonded 2,4- and 2,5- pyridinedicarboxylic acid dianion) causes successive ligand dissociation and leads to formation of a mixture of oligomeric chromium(III) species, known as chromates(III). The main reaction path proceeds through [Cr(ox)(pda)(OH)2]3− and [Cr(pda)(OH)4]3− complexes. The kinetics of the first oxalate dissociation was studied spectrophotometrically, within the lower energy d–d band region, at 0.4–1.0 M NaOH. The character of spectroscopic changes was consistent with a consecutive reaction model, where the chelate-ring opening and the one-end bonded oxalato liberation are the first and the second reaction stages. The pseudo-first order rate constants (kobs0 and kobs1) were calculated using SPECFIT software for an A → B → C reaction pattern. Additionally, kinetics of base hydrolysis of [Cr(ox)3]3− were studied. The calculated rate constants were independent of [OH−]. Kinetic parameters for the chelate-ring opening and the first oxalate dissociation were determined. Effect of the [Cr(ox)2(pda)]3− and [Cr(2,4-pda)3]3− complexes on 3T3 fibroblasts proliferation was studied. The results manifested low cytotoxicity of these complexes, which makes them promising candidates for dietary supplements.