SECTOR
BASF India gets nod to acquire 100% equity interest in BASIL
Apr-25-2025

BASF India has received approval from board of directors for acquisition of 7 fully paid equity shares having face value of Rs 10 each for a cash consideration aggregating Rs 70 (as per independent fair valuation), representing 100% equity interest of BASF Agricultural Solutions India (BASIL) from BASF SE, Germany (Ultimate Holding Company and promoter of the Company) and its nominee shareholders. The said transaction will be completed by mid-May, 2025.

Upon completion of the transaction, BASF Agricultural Solutions India will become a wholly owned subsidiary of the Company. The said transaction is being carried out in connection with the proposed demerger of Company’s Agricultural Solutions Business into a separate legal entity. BASIL would be undertaking the Agricultural Solutions Business, if and when the Board of Directors of the Company decide to implement the proposed demerger.  

BASF India was incorporated in 1943 and one of the leading company in chemical sector.

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