PRIMO2026-07-02PRIMO2026-07-022026-07-02PRIMO2026-07-02in-capmkt:FinancialYear1MemberPRIMO2026-07-02in-capmkt:FinancialYear2MemberPRIMO2026-07-02in-capmkt:FinancialYear3MemberPRIMO2026-07-022026-07-02in-capmkt:FinancialYear1MemberPRIMO2026-07-022026-07-02in-capmkt:FinancialYear2MemberPRIMO2026-07-022026-07-02in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure506852PRIMO CHEMICALS LIMITEDPRIMONOTLISTEDINE607A01022NewAcquisition (including agreement to acquire)true2026-07-0216:00:002026-07-02PRIMO CHEMICALS LIMITEDOthersASSOCIATE COMPANYFLOW TECH CHEMICALS PRIVATE LIMITED341660000097900000404500000true2026-07-022026-07-02falsetrueThe proposed acquisition fall within related party transactions as the Target Company will become a wholly owned subsidiary of the Company and is undertaken on an arms length basis The Company had acquired 49 percent stake in Flow Tech and Flow Tech was classified as part of the promoter group and also as an Associate Company Further the Target Company was allocated a land admeasuring 3 acres by Primo on lease to set up a Chlorinated Paraffin Plant within Primo plant complex The said land was granted on lease commencing from June 16 2012 for period of thirty years at an annual rent of Rs 50000 The said lease is renewable for a further period of 30 years or such other period on the terms mutually agreed by the parties. In terms of the said agreement Target Company also undertakes transactions with Primo for purchase of chlorine in ordinary course of business at arms length basistrueThe Target Company also belongs to the same industry that is Chemical Industry and is manufacturing chemical products using byproduct of PrimoSince Primos initial investment Flow Techs chlorine consumption has increased substantially Resulting the said partial acquisition Primo has achieved significant value growth in terms of improved chlorine evacuation enhanced utilization of the Primo chloralkali assets and support through increased chlorine consumption Hence the additional chlorine consumption generated by the Target Company that is Flow Tech supported higher levels of chloralkali production by Primo Also the proposed acquisition is in line with the existing business activities of the Company and is expected to enhance the strategic operational control facilitate business synergies and generate long term operational and financial benefits The proposed acquisition of the remaining 51 percent equity stake of Flow Tech is intended to make Flow Tech a wholly owned subsidiary of the Company in continuation to the previous approval granted by the shareholders Notrue31.03.2027Cash551500000As per Supplementary Share Purchase Agreement5515000000.490.511Flow Tech Chemicals Private Limited having CIN U25202PB1996PTC067073 and was incorporated as Advance Rexine Private Limited on 16th May 1996 under the Companies Act 1956 with Registrar of Companies NCT of Delhi and Haryana The name of the Company was changed to Flow Well Plast Chem Private Limited and fresh Certificate of Incorporation was issued on September 07 1998 Subsequently its name was changed to Flow Tech Chemicals Private Limited vide Certificate of Incorporation dated 14th June 2012 The registered office of the Company was earlier situated at 314 PP Tower Netaji Subhash Place Pitampura Delhi 110034 which is now shifted at 1 A 1B SIEL Industrial Estate Khadola Rajpura Patiala Punjab India 140401 Flow Tech is engaged primarily in the manufacture of Chlorinated Paraffin and Hydrochloric Acid 1996-05-162023-202422795000002024-202527501000002025-20263416600000India