Primo Chemicals has fixed September 23, 2026 as the record date for remote e-voting ahead of its 51st Annual General Meeting. The meeting is scheduled for September 30, 2026.

The company announced that the Register of Members and Share Transfer Books will remain closed for seven days. This closure period runs from Thursday, September 24, 2026 to Wednesday, September 30, 2026, both days inclusive.

Meeting Details

The AGM will be held on September 30, 2026 at 2:00 pm through Video Conferencing or other Audio Visual Means. This follows an earlier notification issued on August 14, 2026 regarding the meeting schedule.

Voting Entitlements

Shareholders holding shares on the record date of September 23, 2026 are eligible to vote. This entitlement covers both remote e-voting, including m-voting, and voting conducted during the AGM itself.

The disclosure was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Primo Chemicals reported a rise in quarterly profitability for the first quarter, driven by improved operating margins despite flat top-line growth. The company’s net profit increased 16% year-on-year to ₹36 million, up from ₹31 million in the corresponding period last year.

Operating performance showed clear signs of efficiency gains. EBITDA grew slightly to ₹208 million from ₹204 million YoY. More significantly, the EBITDA margin expanded by 46 basis points to 14.83%, compared to 14.37% in the prior year quarter. This margin expansion occurred even as revenue remained unchanged at ₹1.4 billion, indicating better cost management or product mix optimization rather than volume-driven growth.

Financial Highlights

What the Numbers Show

The divergence between flat revenue and expanding margins suggests operational leverage. While sales did not grow, the company managed to increase absolute EBITDA and significantly widen its margin percentage. This indicates that costs were controlled effectively relative to revenue, allowing a larger portion of the fixed revenue base to flow through to operating profit. The subsequent jump in net profit (16%) outpacing the EBITDA growth (2%) further highlights the impact of this margin improvement on the bottom line.