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Pidilite unit in Bangladesh

Our Bureau

MUMBAI: Pidilite Industries Ltd has informed BSE that its wholly-owned subsidiaries Pidilite International Pte Ltd, Singapore and Pidilite Middle East Ltd, Jebel Ali, Dubai have set up a company, Pidilite Speciality Chemicals Bangladesh Pvt Ltd, in Dhaka, Bangladesh on December 29 for manufacturing, trading and marketing activities.

Pidilite International will hold 99 per cent stake in this Bangladesh arm while Pidilite Middle East will hold 1 per cent.

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