Pidilite Industries Limited has informed the Exchange that the Board of Directors at its meeting held on August 06, 2025, have considered and approved bonus at the ratio of 508669085 : 508669085, i.e 508669085 Equity Shares for every 508669085 Equity Shares held.
PIDILITIND · price
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On the reaction day the stock moved 1.7 pts more than Nifty 100 and 3.0 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pidilite Industries' board approved a Special Interim Dividend of Rs. 10 per equity share (face value Re. 1) for FY2025-26, with a record date of August 13, 2025 and payment on August 29, 2025. The board also recommended a 1:1 bonus issue, meaning one bonus share for every share held, which will issue approximately 50.87 crore new equity shares from the Securities Premium Account, doubling the paid-up capital to about Rs. 101.73 crore. The bonus is being issued to mark the 101st birth anniversary of founder Shri B K Parekh, and the record date will be announced separately. Authorised share capital will be raised from Rs. 99 crore to Rs. 125 crore, subject to shareholder approval via postal ballot.
Eligible shareholders get both a Rs. 10 per share cash dividend and a doubling of their shareholding through the bonus issue. While the 1:1 bonus does not change the underlying value of holdings (price adjusts proportionally), it improves share liquidity and signals strong management confidence. Short-term, the stock may see price adjustment and mild downward pressure on the ex-date.