Pidilite to invest USD 5,00,000 in its US-based subsidiary
"The company proposes to invest an amount of USD 5,00,000 as equity capital contribution in Pidilite Ventures LLC," Pidilite said in a regulatory filing.
Pidilite Ventures LLC, incorporated in the USA, is proposed to be engaged mainly in investments in early-stage operating companies in the USA, it added.
Pidilite Ventures will be a wholly-owned subsidiary of the company.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)