Pidilite Industries Announces Leadership Transition in HR Department

Pidilite Industries , a leading adhesives manufacturer, has announced significant changes in its Human Resources leadership. The company has appointed Mr. Ashish Prasad as the new Chief Human Resource Officer, following the resignation of Mr. Rahul Gama from the same position.

Leadership Transition Details

Position	Outgoing	Incoming	Effective Date
Chief Human Resource Officer	Mr. Rahul Gama	Mr. Ashish Prasad	November 14, 2025

Mr. Gama, who submitted his resignation on November 11, 2025, will continue in his role until January 31, 2026, to ensure a smooth transition. He has decided to pursue new opportunities outside the organization.

New Appointment

Mr. Ashish Prasad, an IIM Ahmedabad graduate, brings over 28 years of experience in the building materials, consumer, and retail sectors to his new role at Pidilite Industries. His appointment, effective from November 14, 2025, was approved by the company's Nomination and Remuneration Committee.

Professional Background of Mr. Ashish Prasad

Mr. Prasad's extensive career includes notable positions at several prominent companies:

Asian Paints
Teamlease Services
Holcim India-ACC
Ashirvad Pipes
Previous stint at Pidilite Industries
Most recent role: Chief Executive Officer at Sintex BAPL (a Welspun group company)

This diverse experience in related industries positions Mr. Prasad well to contribute to Pidilite's human resource strategies and overall business growth.

The company expressed its gratitude to Mr. Gama for his contributions and wished him success in his future endeavors. Pidilite Industries looks forward to leveraging Mr. Prasad's expertise to further strengthen its human resource capabilities and support its strategic objectives.

These changes in the HR leadership are expected to bring fresh perspectives to Pidilite Industries' human resource management, potentially influencing the company's approach to talent acquisition, development, and retention strategies in the coming years.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.46%	+0.34%	-2.11%	-6.08%	-3.38%	+84.67%

Pidilite Industries Limited , a leading adhesives manufacturer, has disclosed that its subsidiary, Nina Percept Private Limited, has received a penalty order from the Joint Commissioner, Central GST Goa. The penalty, amounting to Rs 2,10,40,494, was imposed under the Central Goods and Services Tax Act.

Key Details of the Penalty Order

Aspect	Details
Subsidiary Involved	Nina Percept Private Limited
Penalty Amount	Rs 2,10,40,494
Issuing Authority	Joint Commissioner, Central GST Goa
Order Date	October 31, 2025
Receipt Date	October 31, 2025 (via email)

Company's Response and Next Steps

Pidilite Industries has stated that the order is appealable, and the company is currently reviewing it to determine the appropriate course of action. The company has indicated that it may exercise its right to appeal to the highest authority as permitted by law.

Impact on Pidilite Industries

According to the company's disclosure, there is no material impact on its financials, operations, or other activities as a result of this penalty order. Pidilite has assured stakeholders that it is treating the matter with due diligence and will make a thorough assessment before deciding on the next steps.

Regulatory Compliance

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Pidilite Industries has promptly informed the stock exchanges about this development. The company has also stated that this information will be made available on its official website.

As the situation develops, stakeholders will be watching how Pidilite Industries and its subsidiary, Nina Percept Private Limited, address this regulatory matter.