Voluntary liquidation of dormant Bangladesh step-down subsidiary

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PIDILITIND · price

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

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹1632.00

prior close

₹1635.20

announcement price

After-mkt

timing

Nifty 100market+0.0%+0.1% vs market

Specialty Chemicals peers, median of 101sector+0.0%+0.1% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

-2.6-0.4-2.2+0.1-2.7

-2.4-0.8-1.6+0.4-2.8

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15d

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UpDownMarket · Nifty 100Sector · Specialty Chemicals peers, median of 101Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pidilite's wholly-owned step-down subsidiary in Bangladesh, Nina Percept (Bangladesh) Pvt Ltd (NPBPL), has been voluntarily liquidated effective August 19, 2026, after receiving the Winding Up Certificate from the Registrar of Joint Stock Companies, Bangladesh on September 2, 2026. NPBPL was inoperative since incorporation due to lack of business opportunities. It had nil turnover in FY26, a loss of BDT 7,01,654, and net worth of BDT 30,13,824 (around 22 to 24 lakh rupees).

Likely market impact

Negligible financial impact as the subsidiary had no operations or revenue. Streamlines group structure by removing an inactive entity.