Pidilite Industries' subsidiary, Pidilite Ventures Pvt Ltd, will divest its entire stake in Finemake Technologies to its founders. Finemake will cease to be an associate company following this transaction.
Pidilite Industries has announced the voluntary liquidation of its wholly-owned step-down subsidiary, Nina Percept (Bangladesh) Private Limited. The entity was inoperative due to lack of business opportunities.
Pidilite subsidiary PVPL completed the transfer of Buildnext Construction's shareholding to JSW One Platforms. The transaction occurred at a confidential valuation.
Pidilite Industries' subsidiary PVPL will invest up to ₹22 Crore in Buildnext via CCPS subscription. Simultaneously, PVPL entered a share swap agreement to transfer its Buildnext stake to JSW One Platforms. The transaction, expected to conclude by August 2026, will result in PVPL holding a majority stake in Buildnext on a fully diluted basis.