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