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Pidilite Industries Limited

DecreasedQuarterly

PIDILITINDSpecialty ChemicalsMarket Cap₹1.5L Cr

Stake

1.35% → 1.33%

Axis Mutual Fund

Mutual Fund

The move

Axis Mutual Fund decreased its stake in Pidilite Industries from 1.35% to 1.33%, selling 261,657 shares for ₹41.09 Cr at ₹1566.10 apiece.

About Pidilite Industries Limited

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A leading manufacturer of adhesives, sealants, construction chemicals, and polymer emulsions in India, Pidilite Industries produces specialty chemical products for industrial, commercial, and consumer applications across multiple segments. The company develops most products through dedicated in-house research and development capabilities. Fevicol, its flagship brand, has become synonymous with adhesives and ranks among India's most trusted brands, alongside other major brands including M-Seal, Roff, Dr. Fixit, and Araldite.

About Axis Mutual Fund

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Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.

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More moves in Pidilite Industries Limited

ICICI Prudential Mutual FundExited

ICICI Prudential Mutual Fund, which previously held a 1.33 percent stake in Pidilite Industries Limited, is no longer listed among its named shareholders, indicating either a complete sale or a reduction to below the 1 percent reporting requirement.

21 Jul 2026

LICIncreased

LIC increased its stake in Pidilite Industries Limited from 3.62% to 3.85%, buying an additional 23.13 lakh shares. The current value of LIC's holding in Pidilite Industries is approximately ₹6,134.48 crore.