Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Date of Board Meeting / Approval: 14th August, 2026 (commenced at 12:30 Hours, concluded at 16:35 Hours)
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights:
Financial results not disclosed in this announcement
Corporate Actions:
1. Dividend: Not Specified
2. Re-appointment of Cost Auditor: M/s Kabra & Associates reappointed as Cost Auditor for financial year 2026-27
3. Annual General Meeting: 51st AGM scheduled for 30th September, 2026 at 14.00 hours through Video Conferencing (VC) or other Audio Visual Means (OAVM)
4. Register Closure: Register of members and Share Transfer Books will be closed from 24th September, 2026 to 30th September, 2026 for AGM
5. Amalgamation Approval: In-principle approval for preparation of Scheme of Amalgamation of Flow Tech Chemicals Private Limited with Primo Chemicals Limited
Other Significant Information:
Amalgamation Rationale:
- Simplification of corporate structure
- Reduction of cost of compliances and burden by liquidation of Flow Tech upon completion of merger
- Direct access to operations and resources of Flow Tech leading to greater control
Next Steps:
- Internal management authorized to take preliminary steps for the proposed Scheme
- Scheme to be placed before Board for consideration and approval after completion of 100% acquisition
- Appointment of intermediaries (merchant bankers, transaction advisors, legal advisors) approved
Filing Compliance:
- Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular reference: SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January, 2026