#1260

Madhukar Parekh

India 79 years old

Overview

Source of Wealth
Adhesives
Industry
Manufacturing
Residence
Mumbai
Education
University of Mumbai (Bachelor of Science in Engineering)
Marital Status
Married
Children
2

Assets

  • Pidilite Industries
    217,100,000 shares @ -
    -
    500331-IN
  • Vinyl Chemicals (India)
    597,000 shares @ -
    -
    524129-IN

Biography

Madhukar Parekh is chairman of Pidilite Industries, a company founded by his late father, Balvant Parekh, in 1959.

He has a minority stake in Pidilite, which is India's leading maker of adhesives and sealants.

Pidilite's range of products includes construction chemicals, art materials and organic pigments.

His younger brother, Ajay Parekh, also a billionaire, has a board seat.

Pidilite is best known for its iconic white glue, Fevicol, popularized over the decades with clever advertising.