Pidilite Industries received an Order-in-Appeal dated May 25, 2026, from the Deputy Commissioner of State Tax, Appeal, Nodal-14, Mumbai, imposing a penalty of Rs. 15,18,927 under the Central Goods and Services Tax Act for FY 2021-22. The order was received via email on May 25, 2026. The company stated that the order is appealable and it is currently reviewing the document to evaluate the next steps, including assessing the right to appeal to the highest authority permitted by law.

Financial Impact and Assessment

Upon examining the order and ascertaining the full facts, pidilite industries disclosed that there is no material impact on its financials, operations, or other activities. The intimation regarding the penalty was filed at the earliest opportunity following the internal review of the order.

Key Details of the Order

The company has confirmed that it will make a formal assessment regarding the exercise of its appeal rights. This information has been hosted on the company's official website.

Pidilite Industries Limited has scheduled meetings with analysts and institutional investors in June 2026 to discuss its performance and outlook. The company will engage with Walter Scott on June 2 and ENAM AMC on June 4, providing insights into its operations and strategy. These interactions are part of the company's ongoing investor relations efforts under SEBI regulations.

The meetings will be conducted in Mumbai, with the first session being a physical interaction and the second a virtual meeting. The schedule is subject to changes based on exigencies faced by the investors or the company.

Meeting Schedule

The intimation was filed pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's official website.