Primo Chemicals Ltd - 506852 - Announcement under Regulation 30 (LODR)-Credit Rating
Primo Chemicals' outstanding credit ratings assigned to its bank facilities were withdrawn by CareEdge Ratings. This action was taken at the company's request, supported by No Objection Certificates from concerned banks, in compliance with the rating agency's policy.
Jul 22 2026 11:42:07
Primo Chemicals Ltd - 506852 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Primo Chemicals calls for a postal ballot to acquire the remaining 51% stake in Flow Tech Chemicals for ₹55.16 crores, targeting completion by March 2027. This acquisition aims to make Flowtech a wholly-owned subsidiary, enhancing operational control and business synergies.
Jul 06 2026 16:45:11
Primo Chemicals Ltd - 506852 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Primo Chemicals Ltd. has acquired the remaining 51% equity stake in Flow Tech Chemicals Private Limited, converting it into a wholly-owned subsidiary. This move is expected to enhance strategic and operational control, facilitating business synergies and long-term financial benefits within the chemical industry.
Jul 02 2026 18:21:37
Primo Chemicals Ltd - 506852 - Board Meeting Outcome for Outcome Of Board Meeting
Primo Chemicals' Board approved the acquisition of the remaining 51% equity stake in Flow Tech Chemicals Private Limited, making it a 100% wholly-owned subsidiary. This move aims to enhance strategic control, foster business synergies, and generate long-term financial benefits. The acquisition price of Rs.1,418.20 per share is below the fair value of Rs.1,545.40.
Jul 02 2026 17:13:43
Primo Chemicals Ltd - 506852 - Announcement under Regulation 30 (LODR)-Credit Rating
Primo Chemicals has been assigned initial credit ratings by Crisil Ratings Limited for its Rs.180 crore bank loan facilities. The long-term rating is Crisil BBB/Stable (Assigned) and the short-term rating is Crisil A3+ (Assigned).
Jun 26 2026 20:16:24
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