06-Nov-2026 11:24:01
PRIMOAcquisition and merger
PRIMO : ACQUIRES REMAINING 51% STAKE IN FLOW TECH CHEMICALS
• Acquired remaining 51% of Flow Tech Chemicals on 16 September 2026, making it a wholly owned subsidiary • Board approved draft scheme of amalgamation for submission to NCLT for final approval • Flow Tech's chlorinated paraffin and hydrochloric acid capacity gives an outlet for Primo's chlorine • Q2 FY27 consolidated revenue from operations ₹134.84 Cr, flat vs ₹134.74 Cr YOY; H1 at ₹275.12 Cr vs ₹276.69 Cr • Q2 FY27 EBITDA ₹11.34 Cr vs ₹19.76 Cr YOY; H1 EBITDA ₹37.37 Cr vs ₹45.42 Cr • Five-year hydrogen supply agreement with NFL and PPA executed for 49.998 MW AC captive solar plant
Primo Chemicals Limited
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