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Pidilite Industries informs about intent to sell/transfer equity shares

24 Jun 2025 Evaluate

Pidilite Industries has informed that the Company has received a letter dated 23rd June, 2025 from the Chairman of the Company, informing that on the occasion of 101st birth anniversary of Pidilite’s founder, B. K. Parekh, promoters/promoter group of Pidilite have decided to donate 17 lac shares to a charitable trust founded by the founder. These shares will be sold from time to time for charitable activities. Additionally, promoters/promoter group plan to sell 7 lac shares from a promoter group entity for other benevolent activities. After the above transfer and sale of shares, promoter/promoter group shareholding in Pidilite will marginally reduce from 69.50% to 69.03%.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Godrej Industries 1039.10
SRF 2455.00
BASF India 3404.85
Pidilite Inds. 1485.00
Tata Chemicals 616.95
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