Pidilite Industries’ wholly owned subsidiaries -- Pidilite International and Pidilite Middle East -- have acquired shares of Nebula East Africa Private (NEAPL), a company incorporated in Kenya. With this acquisition, the wholly owned subsidiaries of the company jointly hold 100% of the paid up share capital (which is Kenyan Shillings 100,000) equivalent to approximately $1000 in NEAPL.
NEAPL is proposed to be engaged in the business as manufacturers, importers, exporters, buyers, sellers, etc in adhesives, sealants, and all other products used for making or producing adhesives and sealants.
Pidilite Industries is engaged in manufacturing consumer and specialities chemicals in India. Its products include adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations.
