Pidilite Industries Limited has announced a postal ballot process for the appointment of Dr. Naushad Forbes as an Independent Director of the Company. The announcement follows the regulatory requirements under the Companies Act, 2013, and SEBI Listing Regulations.

Postal Ballot Details

The Company has proposed the following resolution for member approval through postal ballot:

E-Voting Schedule

In accordance with MCA Circulars, members can vote only through the remote e-voting process facilitated by National Securities Depository Limited (NSDL).

Members whose names appear in the Register of Members/List of Beneficial Owners as on the cut-off date of January 30, 2026, are eligible to participate in the voting process. The postal ballot notice has been sent electronically to all eligible members whose email addresses are registered with the Company or Depositories.

Scrutinizer Appointment

The Board of Directors, at its meeting held on January 21, 2026, appointed qualified scrutinizers to ensure a fair and transparent voting process:

Document Availability

The postal ballot notice and related documents are accessible through multiple channels:

• Company website: www.pidilite.com
• BSE website: www.bseindia.com
• NSE website: www.nseindia.com
• NSDL e-voting portal: www.evoting.nsdl.com

Members who have not registered their email addresses are requested to do so with their respective Depository Participants for demat shares or with MUFG Intime India Private Limited for physical shares.

Results Declaration

The Scrutinizer will submit the voting results report to the Chairman after completion of the scrutiny process. The final results will be announced on or before Friday, March 13, 2026, and will be communicated to stock exchanges, depositories, and the registrar. The results will also be displayed on the Company's website along with the Scrutinizer's Report.

For queries related to the e-voting process, members can contact NSDL at their Mumbai office or reach out to the designated officials at evoting@nsdl.com .

Pidilite Industries has announced a strategic investment by its wholly owned subsidiary in the home design and construction services sector. The company disclosed that Pidilite Ventures Private Limited (PVPL) will make a further investment in Buildnext Construction Solutions Private Limited.

Investment Details

The investment structure involves subscribing to compulsorily convertible preference shares of Buildnext with specific parameters:

The compulsorily convertible preference shares subscribed by PVPL will, upon conversion along with existing shares held by PVPL in Buildnext, not exceed 34% of the issued and paid up share capital of Buildnext on a fully diluted basis. The investment is being made at a mutually agreed pre-money enterprise valuation, which has not been disclosed due to confidentiality reasons.

About Buildnext Construction Solutions

Buildnext Construction Solutions Private Limited operates in the home design and project management services industry. The company was incorporated on 16th October 2015 and has shown consistent growth over the past three years:

The company has demonstrated strong revenue growth, with turnover increasing from Rs 10.14 crore in March 2023 to Rs 18.38 crore in March 2025, representing significant year-on-year expansion in the home design and project management services sector.

Transaction Structure

This investment represents an expansion into adjacency business for Pidilite Industries. Key aspects of the transaction include:

• The purchase is not classified as a related party transaction
• Promoters and promoter group of PVPL have no interest in Buildnext
• No governmental or regulatory approvals are required for the acquisition
• The investment will be completed through cash consideration

This strategic move follows Pidilite's previous intimation dated 28th October 2024, indicating the company's continued interest in expanding its presence in the construction and home improvement ecosystem through targeted investments in complementary businesses.