09-Oct-2019
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Pidilite Ind
Further to the intimations dated 7th August 2019 and 13th August 2019 for establishment of Joint Venture company with LITOKOL SPA Italy the Company has incorporated a subsidiary in the name of Pidilite Litokol Private Limited (PLPL) on 7th October 2019 to carry on the business of chemicals epoxy grouts chemical based products etc.
In terms of the Shareholders Agreement the Company shall hold 60% of the paid-up share capital and management control of PLPL.
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