Primo chemicals Limited has scheduled a Board of Directors meeting for February 12, 2026, to approve its unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on approving both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Meeting Details and Regulatory Compliance

The company formally notified the stock exchanges through an official communication dated February 2, 2026. The notice was sent to both BSE Limited and the National Stock Exchange of India Limited, ensuring compliance with regulatory requirements under Regulation 30.

Trading Window Restrictions

In accordance with the Insider Trading Regulations, 2015 (as amended), Primo Chemicals Limited has implemented a trading window closure for its securities. The trading window has been closed from January 1, 2026, and will remain closed until 48 hours after the declaration of the unaudited financial results.

This precautionary measure ensures compliance with insider trading norms and protects market integrity during the period leading up to and immediately following the financial results announcement.

Stock Exchange Information

The company trades on both major Indian stock exchanges with the following identifiers:

• BSE Limited: Scrip Code 506852
• National Stock Exchange: Scrip Code PRIMO

The official communication was signed by Sugandha Kukreja, Company Secretary & Chief HR Officer, and digitally authenticated on February 2, 2026, at 12:30:54 +05'30'.

Primo Chemicals Limited has announced a significant step towards sustainable energy adoption with its board approving a strategic investment in renewable energy infrastructure. The company's board meeting held on January 16, 2026, from 14:00 hours to 16:50 hours, approved the investment decision that aligns with the growing trend of industrial captive power generation.

Investment Structure and Financial Details

The board has approved an investment of ₹21 crores for acquiring a 26% equity stake in a Special Purpose Vehicle (SPV) that will be incorporated specifically for this solar power project. The investment structure and key financial parameters are outlined below:

Solar Power Plant Specifications

The SPV will develop, own, and operate a 50 MW solar power plant under captive mode using an OPEX (Operational Expenditure) model. This approach allows Primo Chemicals to access clean energy without the burden of direct ownership and maintenance responsibilities. The solar facility will supply power to Primo Chemicals Limited at a fixed tariff at the injection point, providing cost predictability and substantial savings.

Partnership and Corporate Structure

The SPV will be incorporated by Sun Photonics Private Limited (SPPL), which will serve as the holding company. Importantly, SPPL is not a related party to Primo Chemicals Limited, ensuring an arm's length transaction. This partnership structure allows Primo Chemicals to benefit from SPPL's expertise in solar power generation while maintaining a significant minority stake in the project.

Regulatory Framework and Approvals

The project implementation is subject to comprehensive regulatory compliance and approvals. The solar power plant will operate in accordance with open access and captive power policies under prevailing electricity laws and regulations. Specific regulatory requirements include:

• Compliance with the Electricity Act, 2003 and Electricity Rules, 2005
• Adherence to applicable rules and regulations governing captive power generation in Punjab state
• Open access regulations compliance
• Approval from the company's banks and financial institutions

The company has initiated the necessary approval processes and committed to submitting all required applications within prescribed timelines.

Strategic Impact and Cost Benefits

This investment represents a strategic move towards energy cost optimization and sustainability. The anticipated cost savings of up to ₹24 crores per annum upon commissioning demonstrate the project's strong financial viability. The fixed tariff arrangement provides cost certainty and protection against volatile electricity prices, while the captive mode ensures dedicated power supply for the company's operations.

The investment aligns with India's renewable energy goals and corporate sustainability initiatives, positioning Primo Chemicals as a forward-thinking organization committed to clean energy adoption. The OPEX model minimizes capital expenditure while providing access to modern solar infrastructure and professional operation and maintenance services.