Pidilite Industries Ltd. — Capital/Financing Update 2021

Jul 27, 2021

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27[th] July, 2021

The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14[th] floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code – 500331 Stock Code - PIDILITIND

Dear Sir,

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

Further to our intimation dated 21[st] February, 2020 and pursuant to the Share Subscription Agreement executed inter-alia between M/s. Aapkapainter Solutions Pvt. Ltd. (‘AKP’), other shareholders of AKP, and our wholly owned subsidiary namely M/s. Madhumala Ventures Pvt. Ltd. (‘Madhumala’), Madhumala has agreed to make further cash investment of Rs 14.96 crores in AKP, through primary and secondary purchase of shares, consequent to which, Madhumala’s stake in AKP shall increase from 28.89% to 47%, on a fully diluted basis. The transaction is expected to get concluded within a month. The investment is being made at a mutually agreed premoney enterprise valuation, which has not been disclosed herein due to reasons of confidentiality.

The purchase of the said shares in AKP is not a related party transaction.

Thanking You,

Yours faithfully, For Pidilite Industries Limited

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Puneet Bansal Company Secretary

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CIN : L24100MH1969PLC014336