Primo Chemicals Ltd — Important, 02-07-2026: Company Update

Primo Chemicals' board has approved acquiring the remaining 51% equity in FlowTech Chemicals, making it a 100% wholly-owned subsidiary. This strategic move enhances operational control and business synergies, supporting Primo's chlor-alkali production through increased chlorine consumption. FlowTech reported turnover of 341.66 Cr and PAT of 9.80 Cr in 2025-26. The acquisition is priced at Rs. 1,418.20 per share. The board also approved a postal ballot for member votes on this acquisition, the appointment of two Independent Directors, and remuneration for the Managing and Executive Directors.