Pidilite (PIDILITIND) — Related Party Transaction

Pidilite's wholly-owned subsidiary Pidilite Ventures Pvt. Ltd. (PVPL) transferred its entire shareholding in Pepperfry Limited to TCC Concept Ltd. through a 100% share swap transaction. In return, PVPL acquired a 2.20% stake in TCC. The company clarified this transaction was not a related party transaction, as promoters hold no interest in TCC, ensuring arm's length treatment and regulatory compliance.

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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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