Primo Chemicals Ltd

Primo Chemicals Ltd announced that its Board of Directors has approved the acquisition of the remaining 51% equity stake in Flow Tech Chemicals Private Limited, making it a wholly-owned subsidiary. This acquisition was previously approved by shareholders in stages. The company also approved a Postal Ballot Notice for member approval on director appointments and remuneration for key management personnel. The cut-off date for voting eligibility is July 3, 2026, with e-voting from July 7 to August 5, 2026. Flow Tech Chemicals reported a turnover of ₹341.66 Crores and PAT of ₹9.80 Crores in FY26.

Primo Chemicals Ltd announced its Board of Directors has approved the acquisition of the remaining 51% equity stake in Flow Tech Chemicals Private Limited, making it a wholly-owned subsidiary. This acquisition was previously approved in stages by shareholders. The company also approved a Postal Ballot Notice for member approval on director appointments and remuneration for key management personnel. The cut-off date for voting eligibility is July 3, 2026, with e-voting from July 7 to August 5, 2026. Flow Tech Chemicals reported a turnover of ₹341.66 crores and PAT of ₹9.80 crores in FY26.

Primo Chemicals Ltd has announced the closure of its trading window for dealing in equity shares. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the Quarter ended June 30, 2026. The company also informed that Central Depository Services (India) Limited is the designated depository for restricting trading by designated persons and their immediate relatives by freezing PAN at the security level for the company's ISIN. The exact date of the board meeting to approve these financial results will be intimated later.

Primo Chemicals Ltd has submitted a report on the re-lodgement of transfer requests for physical shares for two periods: December 1, 2025, to January 6, 2026, and February 5, 2026, to May 31, 2026. According to the Registrar and Share Transfer Agent, Beetal Financial & Computer Services Private Limited, there were no requests received, processed, approved, or rejected during these periods. Consequently, the average processing time was also NIL. This information is available on the company's website.

Primo Chemicals Ltd has executed transaction documents to invest in a 26% equity stake in TPCS Private Limited, a Special Purpose Vehicle (SPV), for a 49.998 MW AC Solar Power Plant under captive mode on OPEX model. The investment consideration is ₹21 crores. The agreements include a Power Purchase Agreement (PPA) with TPCS and a Share Subscription and Shareholders' Agreement (SSSHA) with TPCS, Arpa Infrastructure Developers Private Limited, and Sun Photonics Private Limited. Primo will have certain rights, including first refusal on future stake transfers by the Promoter Group.

Primo Chemicals Ltd. has invested in TPCS Private Limited, a Special Purpose Vehicle (SPV) incorporated on February 13, 2026, for a 50 MW solar power plant. Primo Chemicals will hold 26% equity in TPCS. The investment is expected to result in cost savings of up to ₹24 crores per annum. The company is in the process of executing Power Purchase Agreement and Share Subscription and Shareholders Agreement.

Primo Chemicals Ltd's board meeting on May 5, 2026, approved the appointment of Mr. Dibakar Sarkar and Mr. Sobhag Mal Jain as Additional Directors (Non Executive Independent) for a 5-year term, subject to shareholder approval. The board also approved the acquisition of the remaining 51% stake in Flow Tech Chemicals Private Limited, a Promoter Group Company. Additionally, Mr. Munish Aggarwal resigned from his position as Senior Vice President (Operations), effective May 10, 2026.

Primo Chemicals Ltd. reported audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board of directors approved the results at its meeting on May 5, 2026. Revenue from operations for the financial year ended March 31, 2026, stood at ₹56169.23 lakhs.

Primo Chemicals Ltd. reported audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at its meeting on May 5, 2026. Revenue from operations for the financial year ended March 31, 2026, stood at ₹56169.23 lakhs.

Primo Chemicals Ltd has announced that a meeting of its Board of Directors is scheduled for May 5, 2026. The primary agenda for this meeting is to consider and approve the Audited Financial Results (Standalone & Consolidated) for the quarter and financial year ended March 31, 2026. In compliance with insider trading regulations, the trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of these financial results.