Primo Chemicals (PRIMO) — Board Meeting

📢 Key Event
Board approved merger of Flow Tech into Primo Chemicals and reappointed cost auditor.

🔄 What Changed
Re-appointment of cost auditor and scheduling of AGM.

🔮 What's Next
Board will place the merger scheme before shareholders after completing the 51% acquisition and obtaining all statutory approvals.

💡 Investor Takeaway
The merger could streamline operations and reduce compliance costs, potentially boosting long-term value.

The board approved reappointing Kabra & Associates as cost auditor for 2026-27, scheduled the AGM for 30th September 2026, and gave in-principle approval to merge Flow Tech Chemical Private Limited into Primo Chemicals after completing the 51% stake acquisition. The merger aims to simplify structure, reduce compliance costs, and integrate operations, pending regulatory and shareholder approvals.

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About Primo Chemicals Limited (PRIMO)

Chemicals · Chemicals · Listed on NSE

Market Cap: ₹508.68 Cr P/E: 32.3 ROE: 2.9% ROCE: 6.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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