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An update from Pidilite Industries Limited ( (IN:PIDILITIND) ) is now available.
Pidilite Industries Limited has announced that its subsidiary, Nina Percept Pvt Ltd, has received a penalty order from the CGST & Central Excise for nearly Rs. 1.97 crore, covering the fiscal years 2018-19 to 2020-21. The company is currently reviewing the order and considering an appeal, but assures stakeholders that there will be no material impact on its financials or operations.
More about Pidilite Industries Limited
Pidilite Industries Limited operates in the manufacturing sector, primarily focusing on adhesives, sealants, and construction chemicals. The company is known for its consumer and industrial specialty products, and it holds a significant position in the Indian market.
Average Trading Volume: 30,052
Technical Sentiment Signal: Hold
Current Market Cap: 1481.4B INR
For an in-depth examination of PIDILITIND stock, go to TipRanks’ Overview page.