PRIMOBSEPrimo Chemicals LtdMinimalNeutral
Announced Fri, 10 Apr · 15:48 IST

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

PRIMO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹23.00
prior close
₹22.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.3-0.5+0.0+1.9+8.2+4.3+3.7+2.2+6.7+7.8+11.1+7.7+3.4
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AI summary

Primo Chemicals has filed its initial disclosure under SEBI Chapter XII (Large Corporate framework). The company reports outstanding borrowings of Rs. 84.86 crore as of March 31, 2026, and holds a credit rating of CARE BBB- Stable, with the outlook revised from Negative to Stable by CARE Ratings Limited. Despite the disclosure, the company explicitly confirms it does not meet the criteria to be classified as a Large Corporate under SEBI's applicability thresholds. The filing is signed by the CFO and Company Secretary & Chief HR Officer, dated April 9, 2026.

Likely market impact

This is a routine regulatory compliance filing confirming Primo Chemicals' borrowing profile and credit standing. The explicit confirmation of not being a Large Corporate is positive from a regulatory compliance perspective, as it reduces obligations under the SEBI borrowing framework.