Pidilite Industries Limited has announced its 57th Annual General Meeting (AGM), scheduled for Tuesday, August 4, 2026, at 3:00 p.m. IST, to be conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in compliance with applicable MCA and SEBI circulars. The registered office of the Company at Regent Chambers, 7th Floor, Jamnalal Bajaj Marg, 208, Nariman Point, Mumbai 400 021 shall be deemed the venue for the AGM.

AGM Key Details

The following table summarises the key dates and logistics for the 57th AGM:

Agenda Items

The AGM will transact the following ordinary and special business:

Ordinary Business:

• Adoption of Financial Statements: Consideration and adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the Board of Directors' and Auditors' reports.
• Declaration of Dividend: Confirmation of the payment of a special interim dividend of ₹10/- per equity share and declaration of a final dividend of ₹11.50 per equity share of face value ₹1/- each for the financial year ended March 31, 2026.
• Re-appointment of Directors: Re-appointment of Shri A B Parekh (DIN: 00035317), Non-Executive Vice Chairman, and Shri Kavinder Singh (DIN: 06994031), Joint Managing Director, both retiring by rotation and eligible for re-appointment.

Special Business:

• Cost Auditor Remuneration: Ratification of remuneration payable to Cost Auditors M/s. V J Talati & Co., Cost Accountants (Registration No. R00213), not exceeding ₹2,07,000/- (Rupees Two Lakh Seven Thousand only) plus applicable taxes, for the financial year ending March 31, 2027.

Directors Seeking Re-appointment

The following table provides a brief profile of the directors seeking re-appointment at the AGM, as required under Regulation 36(3) of the SEBI Listing Regulations:

Financial Performance Highlights (FY 2025-26)

The company delivered robust financial results for FY 2025-26. The following table presents key standalone and consolidated performance metrics:

The dividend payout amount has grown at a CAGR of 34.82% during the last 5 years. The total capital expenditure during the year was ₹561.53 crores (previous year ₹420.44 crores), primarily spent on manufacturing units, offices, laboratories, warehouses, and information technology.

Dividend and Bonus Share Details

During FY 2025-26, the company issued bonus equity shares in the proportion of 1:1, allotting 50,88,57,016 equity shares of ₹1/- each on September 24, 2025. The company also paid a special interim dividend of ₹10/- per equity share (pre-bonus) to commemorate the 101st Birth Anniversary of the Company's founder Shri B K Parekh, amounting to ₹508.67 crores. The proposed final dividend of ₹11.50 per equity share on the post-bonus expanded capital base amounts to ₹1,170.44 crores, subject to shareholder approval at the ensuing AGM.

Shareholder Information and E-Voting

Shareholders holding shares as on the cut-off date of July 28, 2026 are eligible to vote. The Company has engaged National Securities Depository Limited (NSDL) for providing the electronic voting facility. Members who have not yet registered their email addresses are requested to do so with their Depository Participants (for demat holdings) or with the Company's Registrar & Share Transfer Agent, M/s. MUFG Intime India Private Limited (for physical holdings), to receive the AGM notice and Annual Report electronically. Shareholders with queries may write to the Company at queries_documents@pidilite.com on or before Tuesday, July 28, 2026.

Pidilite Industries has received an Order-in-Appeal confirming a penalty of ₹39,98,741 for FY 2018-19 under the Central Goods and Services Tax Act. The order, dated June 30, 2026, was issued by the Deputy Commissioner of State Tax, Appeal, in Mumbai. The penalty was initially imposed via an Order-in-Original dated April 16, 2024.

The company is currently reviewing the order and evaluating the next steps, including the possibility of exercising its right to appeal to the highest authority permitted by law. Pidilite Industries stated that there is no material impact on its financials, operations, or other activities as a result of this order.

Details of the Order

The disclosure regarding the penalty was submitted to the stock exchanges on July 2, 2026. The following table summarizes the key details of the regulatory order:

The company confirmed that the intimation is being filed at the earliest opportunity after examining the order and ascertaining the full facts. This information is also available on the company's website.