NSEGeneral Updates29 Sept 2026 · 29 Sept 2026, 03:55 pm

General Updates

Pidilite Industries Limited · PIDILITIND

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Pidilite Industries Limited has informed the Exchange about General Updates, where its wholly owned subsidiary M/s. Pidilite Ventures Pvt. Ltd. has agreed to transfer its entire shareholding in Finemake Technologies Private Limited to the founders of Finemake at a mutually agreed valuation.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Pidilite Industries Limited has informed the Exchange about General Updates

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Nisha_29092026155331_SEIntimationFinemakeTransferofSharestoFounderssigned.pdf

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29th 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, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform you that our wholly owned subsidiary M/s. Pidilite Ventures Pvt. Ltd. (“PVPL”) has agreed to transfer its entire shareholding in Finemake Technologies Private Limited (“Finemake”), an associate company of PVPL, to the founders of Finemake at a mutually agreed valuation, the details of which have not been disclosed herein for confidentiality reasons. Upon completion of the transaction Finemake shall cease to be an associate company of PVPL. The details as required pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated 13th July 2023 are enclosed as Annexure I. Thanking You, Yours faithfully, For Pidilite Industries Limited Manisha Shetty Company Secretary 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 Sr. No. Particulars Details a) The amount and percentage of the • The revenue of Finemake for the financial year ended turnover or revenue or income and 31st March 2026 was Rs. 24.36 Cr. as per the financial net worth contributed by such unit or statements of Finemake, which contributed 0.06% to division or undertaking or subsidiary the consolidated revenue of the Company for the same or associate company of the listed period. entity during the last financial year. • The Proft After Tax of Finemake for the financial year ended 31st March 2026 was Rs. (7.82) Cr. • The Net Worth of Finemake for the financial year ended 31st March 2026 was Rs. (6.18) Cr. b) Date on which the agreement for Not Applicable sale has been entered into c) The expected date of completion of 15th October 2026 sale/disposal d) Consideration received from such Consideration to be received in cash at an agreed sale/disposal valuation upon completion of the transaction e) Brief details of buyers and whether Nallu Rajashekar and Sambasiva Rao Chowdary Chana, any of the buyers belong to the Founders of Finemake; and promoter/ promoter group/group companies. If yes, details thereof The buyers do not belong to the promoter/ promoter group/ group companies. f) Whether the transaction would fall No within related party transactions? If yes, whether the same is done at “arm’s length” g) Whether the sale, lease or disposal Not Applicable of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations h) Additionally, in case of a slump Not Applicable sale, indicative 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