Primo Chemicals acquires remaining 51% stake in Flow Tech Chemicals on 16 Sept 2026
Primo Chemicals · Chemicals & Petrochemicals
What the filing says
- Member approval for acquisition was obtained on 5 August 2026 via postal ballot and e-voting.
- The company executed the 2nd Supplementary Share Purchase Agreement on 16 September 2026.
- Flow Tech Chemicals Private Limited has become a wholly owned subsidiary of Primo Chemicals Limited.
Why it's rated notable: The filing completes the acquisition of the balance 51% stake in Flow Tech and states no consideration amount, so its size relative to the company cannot be judged and the level is medium.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Primo Chemicals
- Acquisition / mergerNotablePrimo Chemicals board approves draft merger of wholly owned unit Flow Tech Chemicals
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.