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Management change

Pidilite Industries Amit Agarwal as Chief appointed

Pidilite Industries (PIDILITIND) said Amit Agarwal as Chief has been appointed. The company is valued at about ₹1.51 lakh crore.

BCEIE News Desk · Published 9 Oct 2026, 11:48 am IST · Filing received 9 Oct 2026, 11:31 am IST

What happened

Pidilite Industries (PIDILITIND) told the exchanges on 9 October 2026 at 11:31 AM that Amit Agarwal as Chief has been appointed.

Company snapshot

Pidilite Industries is a large-cap company in the Chemicals sector, with a market value of about ₹1.51 lakh crore.

The stock last traded at ₹1,481.6, against a 52-week range of ₹1,259–₹1,707.5 (13.2% below the high).

Before this filing the shares had moved −7.1% over the month and −7.6% over three months. Average daily turnover over the last 20 sessions was about ₹93.59 crore.

Promoters held 69.24% at the end of Q1 FY27, down 0.08% points from the previous quarter. Foreign institutions owned 11.69% and domestic institutions 9.88%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY263,753672.413.22
Q2 FY263,554579.25.69
Q3 FY263,7106186.07
Q4 FY263,583579.35.69
Q1 FY274,552872.48.57

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Across 70 similar disclosures by other Chemicals companies, shares moved −0.3% on average the next day and +0.2% over five days; 46% of them rose the next day.

Market-wide, 3,913 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.