Pidilite Industries Ltd. — Capital/Financing Update 2021

Apr 22, 2021

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22[nd] April, 2021

The Secretary BSE Ltd. Corporate Relationship Dept., 14[th] floor, P. J. Tower, Dalal 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,

This is to inform you that the Company’s shareholding in its subsidiary entity namely M/s. Cipy Poly Urethanes Pvt. Ltd. (CIPY), has increased from 70% to 100%, pursuant to the acquisition of the balance 28,249 equity shares from certain other shareholders, in accordance with the provisions of the shareholders agreement dated 5[th] January 2018. Consequent to this, CIPY is now a wholly owned subsidiary of the Company. The consideration of Rs 60.49 Crores (excluding certain contingent payment) has been paid in cash.

This transaction does not constitute a material transaction for the Company and it is not a related party transaction.

You are requested to kindly take the above on your record.

Thanking You,

Yours faithfully, For Pidilite Industries Limited

Digitally signed by Manisha Shetty Manisha Shetty Date: 2021.04.22 19:32:58 +05'30'

Manisha Shetty Additional Company Secretary

CIN : L24100MH1969PLC014336