Tranche Update on Pidilite Industries Limited's Equity Buyback Plan announced on December 26, 2017.
March 23, 2018 at 07:33 am EDT
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From December 26, 2017 to March 15, 2018, the company has repurchased 5,000,000 shares, representing 0.98% for INR 5,000 million. With this, the company has completed the repurchase of 5,000,000 shares, representing 0.98% for INR 5,000 million under the buyback announced on December 26, 2017.
Pidilite Industries Limited is an India-based manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products, and polymer emulsions. The Company, together with its subsidiaries, is focused on consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art and craft materials and construction and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.
PIDILITE INDUSTRIES LIMITED 
