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BSE SENSEX
73,738.45
+89.83
+0.12 %
Corporate Announcement
Security Code
500331
Company
PIDILITE INDUSTRIES LTD.
Exchange Received Time
16/09/2019 18:01:29
Exchange Disseminated Time
16/09/2019 18:01:34
Time Taken
00:00:05
Intimation Of Incorporation Of Subsidiary Company |
9/16/2019 6:01:29 PM
Further to the intimations dated 7thAugust and 13thAugust, 2019, the Company has incorporated a subsidiary in the name of 'Pidilite Grupo Puma Private Limited' (PGPPL) on 16th September, 2019 to carry on the business of manufacturing, processing, trading or dealing in technical mortars, building materials, high quality C2 tile adhesives, other materials used in construction etc.
In terms of the Shareholders Agreement, the Company shall hold 50% of the paid-up share capital and management control of PGPPL.
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