Pidilite Industries subsidiary Pidilite Ventures Pvt. Ltd. (PVPL) has agreed to transfer its entire shareholding in associate company Finemake Technologies Private Limited to its founders.

The transaction, disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is expected to complete by October 15, 2026. Upon completion, Finemake will cease to be an associate company of PVPL. The consideration is to be received in cash at a mutually agreed valuation, though specific financial terms remain undisclosed for confidentiality reasons.

Transaction Details

The buyers are Nallu Rajashekar and Sambasiva Rao Chowdary Chana, the founders of Finemake Technologies. The filing confirms that these buyers do not belong to the promoter group or any group companies of Pidilite Industries. Consequently, the transaction does not fall within the category of related party transactions.

Financial Contribution of Finemake

Finemake Technologies contributed a negligible portion to Pidilite’s consolidated revenue in the last financial year but recorded a loss. The details for the financial year ended March 31, 2026, are as follows:

What the Numbers Show

The divestiture highlights a strategic cleanup of non-core, loss-making assets. While Finemake generated ₹24.36 crore in revenue, this represented only 0.06% of Pidilite’s consolidated top line, indicating minimal impact on overall scale. However, the unit posted a Profit After Tax loss of ₹7.82 crore and held a negative net worth of ₹6.18 crore. The transfer to founders suggests an exit from a venture that was not contributing positively to the bottom line, allowing Pidilite to streamline its portfolio without significant material effect on its core financials.

Pidilite Industries shares flagged a large-trade signal on BSE, with approximately 3,62,383 shares changing hands near ₹1,480.85, for a combined value of ₹53.66 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in Pidilite Industries printed within a short window at or near ₹1,480.85, flagged by the real-time trade-scanning system for size and speed. This activity has not been confirmed or reported by the exchange, and no buyer, seller, broker, or client identity is known at this stage.

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.