Primo Chemicals Ltd — Updates, 14-08-2025: Company Update

Primo Chemicals' board has approved the acquisition of the remaining 51% stake in FlowTech Chemicals, a promoter group company. This strategic move aims to integrate supply chains, optimize capital use, and broaden Primo's product range, strengthening its market position. FlowTech, a chemical manufacturer, reported turnovers of Rs. 275.01 Cr, Rs. 227.96 Cr, and Rs. 246.38 Cr in the last three financial years. Additionally, the board approved the appointment of a secretarial auditor and re-appointment of three independent directors, pending shareholder approval at the upcoming Annual General Meeting.