Pidilite Industries has agreed to purchase 7,27,200 equity shares of its subsidiary, Pidilite C-Techos Walling Limited (PCTWL), from Chetana Exponential Technologies Private Limited. Following the completion of this transaction, Pidilite’s shareholding in PCTWL will increase from 60% to 100%, making PCTWL a wholly-owned subsidiary. The deal is expected to close on or before November 11, 2025.
Full Ownership Acquisition
Pidilite Industries Limited is set to acquire full ownership of its subsidiary, Pidilite C-Techos Walling Limited (PCTWL). On October 30, 2025, the company announced an agreement to purchase 7,27,200 equity shares in PCTWL from Chetana Exponential Technologies Private Limited.
Details of the Transaction
The acquisition will increase Pidilite’s stake in PCTWL from 60% to 100%. The cost of acquisition for the shares is Rs. 72,720. The transaction is expected to be completed on or before November 11, 2025, after which PCTWL will become a wholly-owned subsidiary of Pidilite Industries.
About Pidilite C-Techos Walling Limited
PCTWL is involved in the construction of building works, using C-Techos wall technology, and in the manufacturing of ACC panels and other ancillary products. Incorporated on 05/03/2020, PCTWL’s turnover was Nil for the fiscal year ending March 31, 2025 and March 31, 2024. The company’s turnover for the year ending March 31, 2023, was Rs. 0.47 crores. PCTWL’s primary presence is in India.
Source: BSE
