Primo Chemicals Ltd

• No material disclosures or approvals disclosed in this filing segment.

Key filing details

• Issuer: Primo Chemicals Limited; Scrip code: 506852.
• Category: Company Update; Subcategory: Amalgamation/Merger.

Key Update

• Primo Chemicals Limited executed a 5-year hydrogen-gas supply agreement with National Fertilizers Limited via a dedicated pipeline.

Primo Chemicals Ltd – Trading Window Closure Notice

Acquisition of Flow Tech Chemicals Private Limited

• Flow Tech Chemicals Private Limited, a chemical company, to become wholly owned by Primo Chemicals.
• Acquired 51% stake; Flow Tech becomes Primo's wholly owned subsidiary.
• Form of consideration and price not disclosed.
• Members approval via postal ballot obtained on 5 August 2026.
• Completion achieved on 16 September 2026.
• Size/turnover not disclosed.
• Background: Flow Tech Chemicals Private Limited; products not disclosed, incorporation date and turnover not disclosed.

AGM notice and access details

• 51st AGM scheduled for 30 September 2026 at 14:00 via VC/OAVM.
• Annual Report for FY 2025-26 to be sent electronically to registered email IDs.
• Letters under SEBI LODR 30 and 36(1)(b) dispatched to non-registered holders.
• Web-links and access paths to Annual Report 2026 and 51st AGM Notice provided.

Governance changes

• CFO transition: Sunil Parsad ceased as CFO on 27 Feb 2026; Anoop Kumar Kabra appointed.
• Director changes: Teesta Sandhu resigned 23 Oct 2025; Dipti Jain appointed 14 Nov 2025.

ESG governance framework

• NGRBC policy covers all principles; board approved; policy accessible at www.primochemicals.in.
• Highest authority: Shri Naveen Chopra, Managing Director.

Energy, emissions & water metrics

• Total energy consumption FY25-26: 362.66 billion J; non-renewables 33.80 billion J; renewables 2.47 billion J.
• GHG emissions: Scope1 0.293 tCO2e; Scope2 1.552 tCO2e; total 1.845 tCO2e; intensity 3e-10.

Water & waste management

• Water withdrawals: surface water 1,177,078 kl; NIL discharge; ZLD; turnover intensity 0.0002096.
• Total waste FY25-26: 5391.88 MT; recycled 2586.02 MT; MEE sludge 84.38 MT; brine sludge 2721.10 MT.

PAT, carbon credits & sustainability inputs

• PAT/Carbon credits: cycle II missed SEC target; 2,488 certificates; PAT VII achieved 0.2762 SEC; 3,541 certificates pending.
• Input sourcing: 70% of inputs sustainably sourced; major minerals salt and coal transported by rail.

FY26 Highlights

• Revenue from operations and other income stood at ₹581.49 crore (FY26).
• EBITDA reported at ₹87.89 crore for FY26.
• Standalone PAT ₹10.56 crore; Consolidated PAT ₹15.37 crore.
• EPS Basic ₹0.44; Consolidated EPS ₹0.63 per share.
• Flow Tech associate contributed ₹4.81 crore PAT to consolidated results.

Operations & Utilisation

• Average capacity utilization 82%; CSL production 1,36,055 MT.
• Combined sales realisation averaged ₹40,660 per ECU.
• Consolidated revenue aligned with standalone at ₹581.49 crore.
• Flow Tech associate revenue ₹342.42 crore; PBT ₹13.02 crore.

Energy & Sustainability

• 35 MW captive power plant completed its first full year of operation.
• ₹21 crore invested to acquire 26% in TPCS Private Limited for a 49.998 MW AC solar plant.
• Solar project expected to lower power costs and lift EBITDA structurally.
• Zero Liquid Discharge with RO and MEE recycling; wastewater reused.

Governance & Board

• Board expanded to 9 directors in May 2026; 5 independent directors.
• Dipti Jain joined as Woman Independent Director in Nov 2025.
• Dibakar Sarkar and Sobhag Mal Jain appointed Independent Directors in May 2026.
• Anoop Kabra appointed Chief Financial Officer in Feb 2026.

Capital Structure & Liquidity

• Borrowings ₹13,058.54 lakh; debt/equity 0.21; current ratio 0.65.
• Total equity ₹39,371.36 lakh; CRISIL BBB/Stable upgrade (June 2026).
• NSE listing achieved in April 2025; dual listing with BSE ongoing.
• Cash flow: positive operational cash flow; robust liquidity management.

Associate & Related-Party Transactions

• Flow Tech Chemicals (associate) contributes to chlorine value chain; 49% stake.
• Board approved acquisition of balance 51% stake in Flow Tech Chemicals in 2026.
• Related party transaction policy in place; arm's-length arrangements disclosed.

CSR & ESG Highlights

• CSR spend ₹74.84 lakh in FY26; CSR obligation ₹108.97 lakh; ₹34.41 lakh set off from previous year.
• CSR committee active; multiple community-focused initiatives.

Outlook & Risks

• FY27 will focus on execution: Flow Tech integration, 50 MW solar plant commissioning, downstream expansion.
• Industry risks include energy costs, raw material volatility, and currency fluctuations.
• Energy efficiency and downstream value addition to sustain margins.