Pidilite Industries Ltd (PIDILITIND) — Announcement | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Pidilite to transfer Finemake stake to founders

🔄 What Changed

Finemake to cease being an associate company after transaction

🔮 What's Next

15 October 2026

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

⚠️ Risks

Negative net worth and net loss of associate company

Pidilite Industries announced that its wholly owned subsidiary Pidilite Ventures will transfer its entire stake in associate company Finemake Technologies to the founders at a mutually agreed valuation, with the transaction expected to close by 15 October 2026. Finemake contributed just 0.06% of consolidated revenue and posted a net loss of Rs. 7.82 crores in FY2026, while its net worth stood at a negative Rs. 6.18 crores. The filing confirms the transaction falls outside related party dealings and is not part of any scheme of arrangement.

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About Pidilite Industries Ltd (PIDILITIND)

Chemicals · Chemicals · Listed on BSE

Market Cap: ₹1,52,569.61 CrP/E: 57.6ROE: 24.4%ROCE: 33.4%Div Yield: 1.43%

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📊 More PIDILITIND filings

🔴 Announcement — 28 September 2026Pidilite Industries announced a strategic partnership with Hwaseung Chemical to introduce advanced S...
Insider Trading — 23 September 2026Pidilite Industries has closed its insider trading window from September 30 to November 2, 2026, cov...
🔴 Corporate Action — 18 September 2026Pidilite Industries announced the allotment of 657,480 equity shares under its ESOP-2016 scheme and ...
🔴 Announcement — 15 September 2026Pidilite Industries announced its schedule for upcoming analyst and institutional investor meetings ...
🔴 Announcement — 3 September 2026Pidilite Industries announced that its wholly-owned Bangladesh subsidiary Nina Percept (Bangladesh) ...

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

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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