Pidilite shareholders approve dividend, key appointments, and auditors

Pidilite Industries Limited announced that its 56th Annual General Meeting (AGM), held on August 6, 2025, saw shareholders approve a dividend of Rs. 20/- per equity share, totaling Rs. 1,017.34 crores. The dividend received 99.9999% of votes cast in favor. The company's audited standalone and consolidated financial statements for the year ended March 31, 2025, were also adopted with 99.9102% approval.

Shareholders re-appointed Shri A N Parekh as a director by rotation and as executive vice chairman for a further five-year term, receiving 92.8008% of votes. Shri Sandeep Batra was also re-appointed as a director by rotation with 95.5165% approval. Additionally, Shri Rajeev Vasudeva was re-appointed as an independent director for a second five-year term, securing 96.4484% of the votes.

The AGM also approved the appointment of Shri Swaminathan K as a director and as whole time director – operations for a period of five years. M/s. Parikh & Associates were appointed as secretarial auditors and M/s. V J Talati & Co. as cost auditors for five-year terms, with 99.9995% and 99.9999% approval, respectively.