Pidilite Industries Limited — Others, 22-01-2025: Resignation

Mrs. Meher Pudumjee has tendered her resignation as Independent Director of Pidilite Industries, effective from the close of business hours on 22nd January, 2025. The resignation is due to potential conflict of interest arising from a strategic review at her other company, Thermax Ltd. Her departure will also result in her stepping down from the Corporate Social Responsibility Committee. The Board appreciates her contributions during her tenure. This change may raise investor concerns regarding governance and continuity, but it also opens the door for fresh perspectives in the boardroom, reflecting an adaptive management strategy.