Primo Chemicals Acquisition
Primo Chemicals Limited's board has approved the merger of its wholly-owned subsidiary, Flow Tech Chemicals Private Limited, into itself. No cash consideration or share issuance is involved.
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Primo Chemicals Limited's board has approved the merger of its wholly-owned subsidiary, Flow Tech Chemicals Private Limited, into itself. No cash consideration or share issuance is involved.
Primo Chemicals executed a 5-year supply agreement with National Fertilizers Limited to supply Hydrogen Gas via a dedicated pipeline, at a scale of 1000-2500 NM³/hr.
Primo Chemicals acquired the remaining 51% stake in Flow Tech Chemicals Private Limited, making it a wholly owned subsidiary of the Company.
Primo Chemicals is sending physical letters to shareholders without registered emails, providing links to access the 51st AGM notice and FY 2025-26 Annual Report.
Primo Chemicals Limited has issued a notice for its Annual General Meeting to be held on September 30, 2026. Shareholders will consider routine financial and administrative resolutions.
Primo Chemicals has submitted its Annual Report for the financial year 2025-26, along with the notice for the 51st Annual General Meeting.
Primo Chemicals Limited has announced the closure of its Register of Members and Share Transfer Books from September 24th to September 30th, 2026 for its AGM.
Primo Chemicals Limited has re-appointed M/s. KABRA & ASSOCIATES as the Cost Auditor for the company.
Primo Chemicals Limited has re-appointed M/s. Kabra & Associates as the Cost Auditor for the company. The appointment is for a term of 12 months.
Primo Chemicals announced its 51st AGM for September 30, 2026, and board approval for a scheme of amalgamation with Flow Tech Chemicals.
Primo Chemicals Ltd reported revenue from operations of ₹140.3 Cr (-1.1% YoY) and net profit of ₹4.7 Cr (+14.6% YoY) for Q1 FY27.
Primo Chemicals announced shareholders approved resolutions via postal ballot, including director appointments, executive remuneration, and the acquisition of the remaining stake in Flow Tech Chemicals.
Primo Chemicals will hold a board meeting on 14th August, 2026, to consider and approve unaudited financial results for the quarter ended 30th June, 2026.
CareEdge Ratings Limited has withdrawn the credit ratings assigned to the bank facilities of Primo Chemicals Limited. This action follows a request by the company.
Primo Chemicals Ltd filed its quarterly shareholding pattern for the period ending June 30, 2026. The report details the distribution of equity shares among promoters and the public.
Primo Chemicals Ltd seeks shareholder approval via postal ballot for director appointments and acquiring a subsidiary. Voting closes August 5, 2026, via e-voting.
Primo Chemicals' Board approved acquiring 51% of Flow Tech to make it a wholly owned subsidiary. The deal, costing Rs.0.76 Cr, is to be completed by March 2027.
Crisil Ratings assigned credit ratings to Primo Chemicals. Long Term is rated BBB/Stable and Short Term is rated A3+ for Rs.180 Crore facilities.
Primo Chemicals filed its Annual Secretarial Compliance Report for fiscal year 2026. The report confirms full regulatory compliance with no penalties or non-conformities noted.
Primo Chemicals signed a solar PPA, investing ₹21 Crore for 26% equity in TPCS Private Limited. The captive plant targets ₹24 Crore in annual cost savings.
Primo Chemicals will invest ₹21 Crore for a 26% stake in TPCS Private Limited. This captive solar project expects annual cost savings of ₹24 Crore.
Primo Chemicals Limited provided an update regarding its 26% equity investment in an SPV, TPCS Private Limited, for a 50 MW Solar Power Plant. The SPV was incorporated in February 2026, and the company is currently finalizing the Power Purchase Agreement and Share Subscription Agreement to facilitate captive power procurement.
Primo Chemicals Limited has appointed Mr. Dibakar Sarkar and Mr. Sobhag Mal Jain as Non-Executive Independent Directors for a 60-month term effective May 5, 2026. Both appointees bring over 35 years of experience in public sector infrastructure and finance, respectively, strengthening the board's governance and regulatory expertise.
Primo Chemicals Limited announced the resignation of Mr. Munish Aggarwal from his position as Senior Vice President Operations, effective May 10, 2026. The resignation is attributed to personal reasons.
Primo Chemicals Limited has approved a ₹21 Crore investment for a 26% equity stake in TPCS Private Limited, a newly incorporated solar power SPV. The investment supports a 50 MW captive solar plant under an OPEX model, projected to save the company approximately ₹24 Crore annually in energy costs.
Primo Chemicals Limited is acquiring the remaining 51% stake in Flow Tech Chemicals Private Limited for cash consideration by March 2027. This transaction will consolidate its ownership in the target entity. Additionally, the company announced the appointment of two independent directors and the resignation of Mr. Munish Aggarwal as Senior VP (Operations).
Primo Chemicals Ltd reported revenue from operations of ₹144.9 Cr (-6.8% YoY) and net profit of ₹6.1 Cr for Q4 FY26.
Primo Chemicals Limited reported audited standalone annual revenue of ₹561.69 Crore and a profit after tax of ₹10.56 Crore for FY2026. On a consolidated basis, the company achieved a higher PAT of ₹15.37 Crore for the same period. The results were approved with an unmodified audit opinion, reflecting stable financial reporting for the fiscal year ended March 31, 2026.
Primo Chemicals Limited has scheduled a Board Meeting for May 5, 2026, to consider and approve standalone and consolidated audited financial results for the year ended March 31, 2026. The trading window for designated persons remains closed from April 1, 2026, until May 7, 2026.
Primo Chemicals Ltd has scheduled a Board of Directors meeting on May 5, 2026. The board will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company's trading window remains closed until 48 hours after the results declaration.