Pidilite Industries Share Price in Focus; Subsidiary Forms Joint Venture Pidilite Insignia in Tanzania

Pidilite Industries Limited has disclosed, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, that its Singapore subsidiary Pidilite International Pte Ltd (PIPL) and Tanzania‑based Insignia Limited have incorporated a joint venture called Pidilite Insignia Limited on February 24, 2026. 

Joint Venture Formation Details 

The new entity, Pidilite Insignia Limited, is registered in Tanzania to manufacture and market construction chemicals and waterproofing material. Incorporation was completed on February 24, 2026 and the venture is a wholly new business undertaking. 

Shareholding Structure of New Entity 

PIPL holds 55% of the paid‑up share capital while Insignia retains the remaining 45%, establishing a balanced equity partnership between the two parties. 

Business Scope of Pidilite Insignia 

The joint venture will focus on supplying construction chemicals, adhesives and waterproofing solutions to the Tanzanian market, aligning with Pidilite’s global strategy to expand its product portfolio in emerging regions. 

Read More: Texmaco Rail and RVNL Form Joint Venture to Expand Rail Manufacturing and EPC Capabilities! 

Regulatory Disclosure Under SEBI Requirements 

The announcement has been filed with both the Bombay Stock Exchange and the National Stock Exchange in accordance with SEBI Master Circular No HO/49/14/14(7)2025‑CFD‑POD2/I/3762/2026, ensuring that all material information is publicly available. 

Pidilite Industries Share Price Performance  

As of February 25, 2026, at 9:17 AM, Pidilite Industries share price on NSE was trading at ₹1,492.50 up by 0.81% from the previous closing price.  

Conclusion 

The creation of Pidilite Insignia Limited broadens Pidilite Industries’ operational footprint into Tanzania, providing a platform for growth in construction chemicals and waterproofing materials while complying with SEBI disclosure norms. 

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