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Primo Chemicals Ltd

NSE: PRIMO BSE: 506852

₹18.72

(-3.65%)

Tue, 03 Mar 2026, 10:05 am

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Company History

1975

  • The company was incorporated at Chandigarh on 18th Dec as Punjab Alkalies Limited for manufacture of Caustic Soda, liquid chlorine, hydrochloric acid and calcium hypochlorite.

1981

  • The company entered into two agreements with UHDE GmbH for supply of process know-how and imported equipment.

1983

  • The company's name was changed to Punjab Alkalies & Chemicals Ltd. on 19th April.

1984

  • Commercial operations began on 1st Feb.
  • Production of hydrogen commenced in September.
  • The company's flakes were marketed under the brand name 'SUTLUJ' and were well received in the market.

1986

  • The 20 tonnes per day sodium hypochlorite unit was completed.

1988

  • Capacity utilisation and turnover amounted to 98.6% and Rs 18.39 crores respectively.

1989

  • The capacity utilisation showed further improvement.
  • The working results in terms of turnover and profits showed remarkable improvement over the previous period.

2002

  • Mukul Joshi, IAS was nominated as Director and Chairman of the Board of Directors of the Company.
  • Harinder Singh Dhillon ceased to be Director of the company.
  • S P Gupta resigned as Director from the Board of the company.

2003

  • The company informed that it has become a Sick Industrial Company and filed the necessary reference with the BIFR.
  • The company's case was registered with BIFR.

2014

  • Shri D.P. Reddy, IAS was appointed as Director and Chairman on the Board of Directors of the Company.

2022

  • The company split its face value from Rs. 10/- to Rs. 2/-.

2023

  • The company name was changed to Primo Chemicals Ltd. from Punjab Alkalies & Chemicals Ltd.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800