Primo Chemicals Limited
Primo Chemicals Limited has entered a Share Subscription and Shareholders Agreement to acquire a 26% equity stake in TPCS Private Limited. This SPV will develop, operate, and maintain a 49.998 MW AC solar power plant, projected to generate annual cost savings of Rs.24 crores.
May 16 2026 15:05:00
Primo Chemicals Limited
Primo Chemicals signed a Power Purchase Agreement with TPCS Private Limited for developing a 49.998 MW captive solar power plant, anticipating annual cost savings of Rs.24 crores. The company acquired a 26% equity stake in the SPV for Rs.21 crores.
May 16 2026 15:05:00
Primo Chemicals Limited
Primo Chemicals Limited invested Rs.21 crore to acquire a 26% equity stake in TPCS Private Limited, an SPV operating a 49.998 MW AC Solar Power Plant. This strategic investment is for captive power consumption under an OPEX model.
May 15 2026 20:05:00
Primo Chemicals Ltd - 506852 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Primo Chemicals invested Rs. 21 crore for a 26% equity stake in TPCS Private Limited. This investment is for a 49.998 MW AC solar power plant operating under a captive mode, utilizing an OPEX model for cost efficiency.
May 15 2026 20:05:00
Primo Chemicals Limited
Primo Chemicals announced that TPCS Private Limited, the Special Purpose Vehicle for its 26% equity investment in a 50 MW Solar Power Plant, has been incorporated. This marks a step forward in the company's strategic energy initiative.
May 06 2026 15:05:00
Primo Chemicals Limited
Primo Chemicals Limited will invest Rs. 21 crore to acquire a 26% equity stake in TPCS Private Limited, an SPV established for a 50 MW captive solar power plant. This strategic investment is expected to generate annual cost savings of up to Rs. 24 crore for the company.
May 05 2026 19:05:00
Primo Chemicals Limited
Primo Chemicals Limited's Board approved the acquisition of a 51% stake in promoter group company Flow Tech Chemicals Private Limited. This strategic move aims to enhance supply chain control, expand operations, and strengthen market position. Flow Tech reported FY26 turnover of Rs.341.66 crore and PAT of Rs.9.80 crore. Two independent directors were also appointed.
May 05 2026 19:05:00
Primo Chemicals Ltd - 506852 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Primo Chemicals will invest Rs.21 crore to acquire a 26% equity stake in TPCS Private Limited, a Special Purpose Vehicle (SPV) established for a 50 MW solar power plant. This strategic investment is expected to generate annual cost savings of up to Rs.24 crore for the company through captive power.
May 05 2026 19:05:00
Primo Chemicals Ltd - 506852 - Board Meeting Outcome for Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March, 2024'''' Alongwith Auditors Report Thereon And Declaration
Primo Chemicals reported Q4 FY26 standalone net profit of ₹5.09 crore, reversing a loss from the prior year. The full fiscal year 2026 saw standalone net profit increase by 349% to ₹10.56 crore, with auditors providing an unmodified opinion on the results.
May 05 2026 16:05:00
Primo Chemicals Limited
Primo Chemicals Limited board will convene on May 05, 2026, to consider and approve its audited standalone and consolidated financial results for the financial year FY26. This meeting will determine the company's full-year financial performance.
Apr 27 2026 21:04:00
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