Deals1 Jul 2026, 05:31 pm
Pidilite Ventures Completes Buildnext Share Transfer to JSW One
AI Summary
Pidilite Ventures Pvt. Ltd. (PVPL), a wholly owned subsidiary of Pidilite Industries Ltd, has finalized the transfer of its entire shareholding in Buildnext Construction Solutions Private Limited to JSW One Platforms Limited. This transaction was executed under a Share Swap Agreement. In exchange, PVPL received equity shares of JSW One. The deal's valuation was mutually agreed upon but kept confidential. Consequently, Buildnext is no longer an associate company of PVPL.
Key Highlights
- PVPL transferred its entire stake in Buildnext to JSW One.
- The transfer was part of a share swap agreement.
- PVPL received equity shares in JSW One as consideration.
- Buildnext is no longer an associate company of PVPL.
- Transaction valuation details are confidential.
Price Impact
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