About The Chairman

Madhukar Balvantray Parekh

Chairman

Mr. Madhukar B. Parekh’s journey with Pidilite commenced in 1972, after his stint with Abbot Laboratories in the U.S., which he joined immediately after completing his Masters in Chemical Engineering from University of Wisconsin. A scholar by nature, Mr. Parekh was ranked number 4 in the IIT entrance test, but chose to study chemical technology instead as he wanted to carve a niche in the chemical business. He is a Gold medallist alumnus of the Institute of Chemical Technology (ICT), formerly the University Department of Chemical Technology (UDCT), a premier chemical technology research institute in India.

Mr. Parekh’s four decade long journey has converted an ‘unexciting’ product into one of the country’s top brands – Fevicol. Other key brands ‘Fevikwik’, ‘Dr. Fixit’ and ‘M-seal’ are market leaders with high shares in their respective segments. He not only steered the company to become the market leader in the adhesives and sealants segment in India, but has also taken the legacy overseas, towards making Pidilite a true Indian MNC. Under his guidance, Pidilite has acquired several companies to enter international markets and enhance its product portfolio and market presence.

Continuing the focus on product and brand innovation, under his leadership, Pidilite has clearly differentiated itself from competition in this otherwise generic market. Quick to identify new opportunities, the company heavily invested in the R&D centre at Kondivita, Mumbai and also set up a step-down subsidiary, Pidilite Innovation Centre in Singapore.

Mr. Parekh vision to take Pidilite to the next level and build an organization not just for today, but for centuries to come in a people friendly, global atmosphere has attracted top class talent. Pidilite’s workforce today is a happy balance of experienced professionals and young talent, which adds impetus to the company’s growth. The opportunity to work with unique brands attracts a diverse pool of talent who are interested to work across B2B and B2C market segments.

M.B. Parekh is a recipient of EY Entrepreneur of the Year Award 2014 in Consumer Products category. Under his guidance the company has won many prestigious awards like the ‘Most Promising Company of the Year’ at the CNBC-TV18, 11th India Business Leader Awards (IBLA).

Mr. Parekh also takes personal interest in the company’s social endeavours in the areas of rural development, education and health, amongst others.

Board of Directors

Pidilite attributes its leadership status to its strong and active board of directors, who relentlessly steer the company ahead with their experience, insight and commitment to good corporate governance.

  • Shri. M. B. Parekh

    Executive Chairman

  • Shri. Bharat Puri

    Managing Director

  • Shri. N. K. Parekh

    Vice Chairman

  • Shri. Bansi S. Mehta

    Independent Director

  • Shri. Ranjan Kapur

    Independent Director

  • Shri. Sanjeev Aga

    Independent Director

  • Shri. Uday Chander Khanna

    Independent Director

  • Smt. Meera Shankar

    Independent Director

  • Shri. A. B. Parekh

    Whole - Time Director

  • Shri. Vinod Kumar Dasari

    Independent Director

  • Shri. A. N. Parekh

    Whole - Time Director

  • Shri. Sabyaschi Patnaik

    Whole - Time Director

Leadership Team

At the helm of affairs stands a strong team of leaders who bring their expertise from diverse backgrounds to the company and steer it in the right directions.