Privi Speciality Chemicals Limited — Board Meeting, 14-06-2025: Outcome of Board Meeting

Privi Speciality Chemicals has announced a board meeting on June 14, 2025, where it decided to cancel a planned ₹1,000 Cr QIP, supported by strong cash flows and performance. The board approved a merger to consolidate Privi Fine Sciences Pvt Ltd and Privi Biotechnologies Pvt Ltd into the parent company. This move is set to streamline operations and strengthen its position in aroma and green chemistry, aiming to deliver greater value to shareholders without any cash outflow. Necessary approvals are pending.