Primo Chemicals Ltd — Important, 05-05-2026: Company Update

Primo Chemicals' board has appointed Mr. Dibakar Sarkar and Mr. Sobhag Mal Jain as Additional Non-Executive Independent Directors for five-year terms, pending shareholder approval. The company also approved acquiring the remaining 51% stake in FlowTech Chemicals, a promoter group company already 49% owned. This move aims to gain better supply chain control, expand operations, and strengthen market position. FlowTech, which uses Primo's by-products, recorded a turnover of over 341 Cr and a PAT of 9.8 Cr in the latest financial year. Additionally, Mr. Munish Aggarwal has resigned as Senior Vice President (Operations).