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

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.

Pidilite Industries Limited , a leading adhesives manufacturer, has disclosed that its subsidiary, Nina Percept Private Limited, has received a penalty order from GST authorities. The penalty, amounting to Rs 1,97,11,453, was imposed under the Central Goods and Services Tax Act for the period covering FY2018-19 to 2020-21.

Updated Penalty Order Details

Company's Response and Legal Options

Pidilite Industries has confirmed 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 will make an assessment to exercise its right to appeal to the highest authority as permitted by law.

The company noted that upon examining the order and ascertaining full facts, the intimation is being filed at the earliest opportunity, demonstrating its commitment to regulatory compliance and transparency.

Financial and Operational Impact

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 conduct a thorough assessment before deciding on the next steps.

Regulatory Compliance and Disclosure

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 is being hosted on its official website at www.pidilite.com .

As the situation develops, stakeholders will be monitoring how Pidilite Industries and its subsidiary address this regulatory matter through the available legal channels.