Pidilite Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Pidilite Industries has submitted a declaration to the stock exchanges confirming that its Promoters, Promoter Group, and Persons Acting in Concert did not create any encumbrance (pledge, lien, or charge) on the company's shares during financial year 2024-25. The declaration was signed by Madhukar B. Parekh on behalf of the promoter group and is part of routine annual SEBI compliance under Regulation 31(4) of the Takeover Regulations. The filing was made on 9th April 2025.
This is a routine regulatory filing and is neutral for shareholders. It confirms that promoter holdings remain unencumbered, which is generally viewed as a positive sign of promoter confidence and financial stability, with no risk of forced selling due to pledged shares.