Primo Chemicals Ltd — Important, 14-08-2026: Company Update

Primo Chemicals' Board has granted in-principle approval for the merger of Flow Tech Chemical Private Limited with Primo. This strategic move follows the company's ongoing process to acquire the remaining 51% stake in Flow Tech, making it a wholly-owned subsidiary. The amalgamation aims to simplify the corporate structure, reduce compliance costs, and give Primo direct access and greater control over Flow Tech's operations. This merger is contingent on the successful completion of the remaining stake acquisition. The Board has authorized management to proceed with initial preparatory steps and appoint necessary advisors.