Pidilite Industries Schedules Analyst Meeting with Seafarer Capital on 13 May 2026

Pidilite Industries has notified the stock exchanges of a scheduled analyst and institutional investor meeting with Seafarer Capital, in compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted on 6th May, 2026, and the information has also been hosted on the company's official website.

Meeting Details

The company has disclosed the following schedule for the upcoming institutional investor interaction:

Parameter:	Details
Date:	13 May 2026
Time:	05:00 PM to 06:00 PM
Meeting With:	Seafarer Capital
Venue:	Mumbai
Mode of Interaction:	Physical Meeting
Meeting Schedule:	Single Institution

Regulatory Compliance

The disclosure has been made in accordance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges of scheduled analyst and institutional investor meetings. Pidilite Industries has noted that dates are subject to change due to exigencies on the part of investors or the company.

The intimation was signed by Manisha Shetty, Company Secretary, on behalf of Pidilite Industries.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.03%	+4.42%	+12.33%	+0.53%	-3.45%	+61.16%

Pidilite Industries has formally announced a comprehensive corporate restructuring involving its subsidiary's investment portfolio through an official regulatory filing. The company's wholly-owned subsidiary, Pidilite Ventures Private Limited (PVPL), has entered into a Share Swap Agreement with JSW One Platforms Limited and BuildNext Construction Solutions Private Limited.

Transaction Structure and Timeline

Under the Share Swap Agreement dated April 28, 2026, PVPL will transfer its entire shareholding in BuildNext to JSW One Platforms. The transaction is scheduled for completion by August 10, 2026, subject to customary conditions and closing deliverables. In consideration for this complete ownership transfer, PVPL will receive equity shares in JSW One at a mutually agreed valuation.

Transaction Timeline:	Details
Agreement Date:	April 28, 2026
Expected Completion:	August 10, 2026
Transferring Entity:	Pidilite Ventures Private Limited
Receiving Entity:	JSW One Platforms Limited
Asset Transferred:	Complete stake in BuildNext

Additional Investment Commitment

As part of the transaction structure, PVPL has committed to making an additional investment in BuildNext not exceeding ₹22 crore through Compulsorily Convertible Preference Shares (CCPS). Upon completion of this investment, PVPL will hold majority shareholding in BuildNext on a fully diluted basis, maintaining strategic control despite the equity transfer.

Investment Parameters:	Specifications
Investment Amount:	Up to ₹22 crore
Investment Vehicle:	Compulsorily Convertible Preference Shares
Completion Date:	August 10, 2026
Resulting Ownership:	Majority shareholding on fully diluted basis

BuildNext Financial Performance

BuildNext Construction Solutions, operating in home design and project management services since its incorporation in October 2015, has demonstrated consistent revenue growth. The company's financial contribution to Pidilite's consolidated operations remains minimal, representing 0.04% of consolidated revenue.

Financial Metrics:	Amount (₹ Crore)
Revenue (March 2025):	18.38
Revenue (March 2024):	13.87
Revenue (March 2023):	10.14
Net Worth (March 2025):	(1.87)
Profit After Tax (March 2025):	(9.11)

Strategic Rationale

The transaction represents Pidilite's strategic approach to adjacency business investments while optimizing its corporate structure. The dual mechanism of equity transfer and preference share investment allows PVPL to maintain operational influence in BuildNext while benefiting from the strategic partnership with JSW One Platforms. The deal structure ensures continued exposure to BuildNext's growth potential in the home design and project management sector.