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Pidilite Industries is currently trading at Rs. 2437.70, up by 15.40 points or 0.64% from its previous closing of Rs. 2422.30 on the BSE.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2796.15 on 07-Dec-2022 and a 52 week low of Rs. 2250.85 on 24-Feb-2023.

Last one week high and low of the scrip stood at Rs. 2519.05 and Rs. 2415.00 respectively. The current market cap of the company is Rs. 123164.98 crore.

The promoters holding in the company stood at 69.92%, while Institutions and Non-Institutions held 19.25% and 10.83% respectively.

Pidilite Industries’ wholly owned subsidiary -- Pidilite Ventures (PVPL) is all set to make an investment of approximately Rs 20 crore in Imagimake Play Solutions (the Investee Company), which is engaged in the business of design, manufacturing & distribution of innovative range of educational toys, games and art & hobby products for the holistic development of children, for Indian and overseas market. 

The investment would be done by subscribing to compulsorily convertible preference shares which would, upon conversion, aggregate to not more than 20% of the issued and paid-up share capital of the Investee company, on a fully diluted basis. The nature of subscription will be cash. Subscription to its shares is being done at a mutually agreed pre-money enterprise valuation, which has not been disclosed herein due to reasons of confidentiality. 

Pidilite Industries is a well-known name in the adhesives market.