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Pidilite Industries, the company behind household names like Fevicol and Dr. Fixit, has brought some cheer to its investors by announcing a 1:1 bonus issue of equity shareshis means that for every one share an investor holds, they will receive an additional share, free of cost.
The company has set Tuesday, September 23, 2025, as the record date to determine which shareholders are eligible for these bonus shares If you own Pidilite shares at the end of the trading day on the record date, you'll be entitled to receive the bonus.
This is a significant move for the adhesives and construction chemicals giant, as it's the first time in 15 years they've announced a bonus issue. The last time the company offered a 1:1 bonus was back in March 2010. Over the years, Pidilite has built a reputation for rewarding its shareholders, and this latest announcement continues that trend.
For investors, a bonus issue is generally seen as a positive development. While it doesn't change the overall value of your investment (the stock price typically adjusts to reflect the increased number of shares), it does increase the liquidity of the stock, making it easier to trade. It's also a sign of a company's confidence in its financial health.
Following the announcement, Pidilite's stock saw a marginal increase in trading, with the share price hovering around ₹3,077. The company has been a consistent performer, with its stock delivering positive returns for the last ten calendar years.
Pidilite has been performing well financially, with its net profit for the first quarter of the fiscal year 2026 showing an 18.6% increase to ₹672 crore.The company holds a dominant position in India's adhesive market, with an estimated 70% market share.
The process of crediting the bonus shares to eligible shareholders' demat accounts is expected to be completed within two months of the board's approval date
