Pidilite Industries Ltd. — Capital/Financing Update 2020

Jan 29, 2020

29th January, 2020

The Secretary BSE Ltd. Corporate Relationship Dept., 14'h floor, P. J. Tower, Dalai Street, Fort Mumbai - 400 001 Stock Code — 500331

The Secretary National Stock Exchange of India Ltd. Exchange Plaza, Plot no. CPI, G Block, Sandra-Kuria Complex, Sandra (E), Mumbai - 400 051 Stock Code - PIDILITIND

Dear Sir,

Sub: Intimation

Dear Sir,

This is to inform that the Board of Directors at its meeting held today i.e. 29th January, 2020 have approved a restructuring proposal whereby the Company shall, for operational convenience and synergies, acquire the business of wholly owned entity, Ws. Nitin Enterprise (a partnership firm having two partners which are wholly owned subsidiaries of the Company) on a slump sale basis for a cash consideration of an amount not exceeding Rs.18.50 Crores, subject to necessary approvals.

This transaction does not constitute a material event for the Company.

Request you to kindly take note of the same.

Thanking You,

Yours faithfully, For Pidlllte Industries Limited

Puneet Bansar-- Company Secretary

Phillite Industries Limited

Corporate Office Rainki isnna Mandir Road Andheri - E. Mumbai 400059. India

Regd. Office Regent Chambers, 7th Floor Jdmnalal BeN) Mary 208 Nariman Point Mumbai 400 021

T + 91 22 2835 7000 2835 7952 / 2835 7365 F 91 22 2830 4482 www.pidilite.com ami_24100mH1969ac014336