Pidilite Industries Ltd. — Capital/Financing Update 2021

Nov 24, 2021

24thNovember, 2021

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

The Secretary National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Stock Code - PIDILITIND

Dear Sir,

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Madhumala Ventures Private Limited (Madhumala), a wholly owned subsidiary of the Company, has agreed to make an investment of Rs. 1.56 crores in Constrobot Robotics Private Limited (the Investee Company) which is engaged in the business of research, development, manufacturing and trading of robotic equipment and related software to be used in construction activities. The investment would be done through primary and secondary purchase of shares to acquire 19.51% of the issued and paid-up share capital of the Investee Company on a fully diluted basis. The nature of subscription will be cash. Subscription to its shares is being done at a mutually agreed valuation, which has not been disclosed herein due to reasons of confidentiality.

The subscription of shares of the Investee Company is not a related party transaction. The promoter/ promoter group of Madhumala have no interest in the Investee Company.

Our investment in the Investee Company would help us augment our capabilities to provide better services in construction activities to interested customers.

Thanking You,

Yours faithfully, For Pidilite Industries Limited

Apurva Parekh Director

Pidilite Industries Limited

Corporate Office Ramkrishna Mandir Road Andheri - E, Mumbai 400059, India

Regd. Office Regent Chambers, 7th Floor Jamnalal Bajaj Marg 208 Nariman Point Mumbai 400 021

T + 91 22 2835 7000 2835 7952 / 2835 7365 F +91 22 2830 4482 www.pidilite.com CIN:L24100MH1969PLC014336