Pidilite (PIDILITIND) — Board Meeting

Pidilite Industries announced on July 8, 2025 that its ESOP Allotment Committee approved the issuance of 20,330 equity shares at Re.1 each under the Employee Stock Option Plan-2016, increasing the paid-up share capital from 50,86,48,755 to 50,86,69,085. The shares were allotted to eligible employees who exercised their options and now rank pari passu with existing shares. This issuance reflects the company's ongoing use of equity-based compensation to attract talent while maintaining shareholder equity structure.

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About Pidilite Industries Limited (PIDILITIND)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹1,49,378.89 Cr P/E: 75.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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