Pidilite shareholders approve independent director, capital increase, and bonus shares

Pidilite Industries Limited announced on September 12, 2025, that its shareholders passed three key resolutions via postal ballot, with the e-voting period concluding on September 11, 2025. These approvals include the special resolution for the appointment of Sandeep Kataria as an independent director, which received 99.84% of votes in favor.

Additionally, shareholders passed an ordinary resolution to increase the authorized share capital and amend the Capital Clause of the Memorandum of Association. The company's authorized share capital will now be set at INR 1,25,00,00,000, divided into 1,25,00,00,000 equity shares of INR 1 each. This resolution saw 97.76% of votes in favor.

The third ordinary resolution approved the issuance of bonus equity shares to the company's members, with 97.81% of votes in favor. The postal ballot process was scrutinized by Mitesh Dhabiwala of Parikh & Associates.