PIDILITINDNSEPidilite Industries Limited· Chemicals - SpecialityHighPositive
Announced Wed, 24 Sept · 10:38 IST

Pidilite Industries Limited has informed the Exchange regarding allotment of 508857016 securities pursuant to Bonus at its meeting held on September 24, 2025

Bonus Above 1to1Corporate Actions View source PDF

PIDILITIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pidilite Industries has allotted 50,88,57,016 (about 50.88 crore) bonus equity shares of Re. 1 each to eligible shareholders in a 1:1 ratio — one free share for every one share held. The record date for eligibility was September 23, 2025. Following this allotment, the company's paid-up equity share capital has doubled to Rs. 101.77 crore, divided into 101.77 crore equity shares. The new bonus shares will carry equal rights as the existing shares. The Bonus Allotment Committee meeting concluded on September 24, 2025.

Likely market impact

Shareholders will see their share count double, though the stock price typically adjusts downward proportionally on ex-date, leaving overall value unchanged. The 1:1 bonus signals strong management confidence in the company's growth and improves share liquidity and affordability for retail investors.