NSEGeneral Updates1d ago · 3 Sept 2026, 06:52 pm
General Updates
Pidilite Industries Limited · PIDILITIND
✦ AI SummaryInsolvency
Pidilite Industries Limited has informed the Exchange about the voluntary liquidation of its wholly-owned step-down subsidiary, Nina Percept (Bangladesh) Private Limited, in Bangladesh, with effect from August 19, 2026.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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Pidilite Industries Limited has informed the Exchange about General Updates
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Nisha_03092026185145_SEintimationwindingupofNPBPLsigned.pdf
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Date: 3rd September, 2026
The Secretary The Secretary
BSE Ltd. National Stock Exchange of India Ltd.
Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block,
14th floor, P. J. Tower, Bandra-Kurla Complex,
Dalal Street, Fort Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
Stock Code – 500331 Stock Code - PIDILITIND
Dear Sir,
Subject:- Intimation under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”)
This is to inform you that on September 2, 2026, the Company received a copy of the
Order passed by the Office of the Registrar of Joint Stock Companies and Firms,
Bangladesh issuing the Winding Up Certificate of Nina Percept (Bangladesh) Private
Limited (“NPBPL”), a wholly-owned step-down subsidiary of the Company in
Bangladesh. In terms of the said Order and the relevant local laws, NPBPL has been
voluntarily liquidated with effect from August 19, 2026. NPBPL has been inoperative
since incorporation due to lack of business opportunities.
Disclosure as required under Regulation 30 of SEBI Listing Regulations (as amended)
is enclosed as Annexure I.
You are requested to kindly take the above on record.
Thanking You,
Yours faithfully,
For Pidilite Industries Limited
Manisha Shetty
Company Secretary
Encl: as above
Regd. Office Pidilite Industries Limited
Regent Chambers, 7th Floor
Corporate Office
Jamnalal Bajaj Marg
Ramkrishna Mandir Road
208 Nariman Point
Andheri - E, Mumbai 400059, India
Mumbai 400 021
T + 91 22 2835 7000
2835 7952 / 2835 7365
F +91 22 2830 4482
www.pidilite.com
ClN:L24100MH1969PLC014336
Annexure I
Disclosure under sub-para (1) [i.e. Sale or disposal of unit(s) or division(s), whole or substantially the
whole of the undertaking(s) or subsidiary of the listed entity, sale of stake in the associate company
of the listed entity of Para (A) of Part (A) of Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015]
Sl. Particulars Description
1. The amount and percentage of the turnover or Nina Percept (Bangladesh) Private
revenue or income and net worth contributed by Limited (“NPBPL”), is a wholly-owned
such unit or division or undertaking or subsidiary or step-down subsidiary of the Company in
associate company of the listed entity during the Bangladesh (99% of share capital of
last financial year NPBPL is held by Nina Percept Pvt Ltd
and 1% is held by Pidilite Speciality
Chemicals Bangladesh Pvt Ltd).
As on 31st March 2026:
Turnover: Nil
Income/(Loss): BDT (7,01,654)
Net worth: BDT 30,13,824
2. Date on which the agreement for sale has been Not Applicable, as NPBPL has been
entered into voluntarily liquidated.
3. The expected date of completion of sale/disposal In terms of the order and relevant local
laws, NPBPL has been voluntarily
liquidated with effect from August 19,
2026.
4. Consideration received from such sale/disposal Not Applicable
5. Brief details of buyers and whether any of the Not Applicable
buyers belong to the promoter/promoter
group/group companies. If yes, details thereof
6. Whether the transaction would fall within related Not Applicable
party transactions? If yes, whether the same is
done at “arm’s length”
7. Whether the sale, lease or disposal of the Not Applicable
undertaking is outside Scheme of Arrangement? If
yes, details of the same including compliance with
regulation 37A of LODR Regulations
8. Additionally, in case of a slump sale, indicative Not Applicable
disclosures provided for amalgamation/merger,
shall be disclosed by the listed entity with respect
to such slump sale
Regd. Office Pidilite Industries Limited
Regent Chambers, 7th Floor
Corporate Office
Jamnalal Bajaj Marg
Ramkrishna Mandir Road
208 Nariman Point
Andheri - E, Mumbai 400059, India
Mumbai 400 021
T + 91 22 2835 7000
2835 7952 / 2835 7365
F +91 22 2830 4482
www.pidilite.com
ClN:L24100MH1969PLC014336