Primo chemicals has responded to queries from stock exchanges regarding recent significant movements in its share price, confirming that no undisclosed material information exists that could influence trading activity. The company issued the clarification on April 07, 2026, addressing concerns raised by both BSE and NSE about unusual price behavior.

Regulatory Compliance Confirmation

The company emphasized its commitment to transparency and regulatory compliance in its response to the exchanges. Primo Chemicals confirmed that it has been regularly disclosing all material information and events to stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Statement on Price Movement

The company's management, through Company Secretary and Chief HR Officer Sugandha Kukreja, provided a comprehensive explanation for the recent share price activity. The clarification stated that there is no unpublished price sensitive information or any pending announcement which could have a bearing on the price or volume behavior of the company's shares.

Primo Chemicals highlighted that it continuously explores various growth opportunities as part of its routine business operations. However, the company confirmed that no material information has been withheld that might affect price movements. The management reiterated its commitment to inform exchanges without undue delay whenever information falls under Regulation 30 of SEBI (LODR) Regulations, 2015.

Market-Driven Movement Attribution

The company categorically attributed the significant price movements observed across exchanges to market forces rather than any corporate developments. This clarification aims to address investor concerns and maintain transparency regarding the factors influencing the stock's recent performance.

The formal communication was signed by Sugandha Kukreja, Company Secretary and Chief HR Officer, and submitted to both BSE (Scrip Code: 506852) and NSE (Scrip Code: PRIMO) for record purposes. The company requested acknowledgment of receipt from both exchanges and expressed hope that the clarification would address their concerns regarding the unusual price activity.

Primo chemicals has fulfilled its regulatory obligations by submitting the quarterly confirmation certificate for dematerialization activities to stock exchanges. The company filed the certificate with both BSE Limited and National Stock Exchange of India Limited on 06.04.2026, covering the quarter ended 31st March, 2026.

Regulatory Compliance Framework

The submission was made pursuant to Regulation 74(5) of SEBI (Depositories and Participant) Regulations, 2018. This regulation mandates companies to provide confirmation certificates regarding their dematerialization activities on a quarterly basis. The certificate serves as a formal acknowledgment of proper handling of securities dematerialization processes during the reporting period.

Certificate Details and Verification

The confirmation certificate was issued by Beetal Financial & Computer Services Private Limited, which serves as Primo Chemicals' Registrar and Share Transfer Agent. Beetal Financial is a SEBI-approved category I Registrar with registration number INR 000000262.

Dematerialization Process Confirmation

The certificate confirms several critical aspects of the dematerialization process:

• Securities received from Depository Participants during Q4FY26 were properly confirmed to depositories
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within the prescribed 15-day timeframe

Corporate Communication

The formal communication was signed by Sugandha Kukreja, Company Secretary & Chief HR Officer of Primo Chemicals Limited. The document was digitally signed on 2026.04.06 at 10:42:39 +05'30', ensuring authenticity and compliance with digital signature requirements.

Company Information

Primo Chemicals Limited operates from its registered and corporate office located at Bay No. 46-50, Sector 31-A, Chandigarh-160030. The company's manufacturing facility is situated at Nangal-Una Road, Naya Nangal-140126, District Ropar, Punjab. This quarterly filing demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations.