BASFNSEBASF India Limited· Chemicals - SpecialityMinimalNeutral
Announced Sat, 23 May · 11:21 IST

BASF India Limited has informed the Exchange about Copy of Newspaper Publication regarding the Notice of the NCLT convened meeting of the Equity Shareholders of BASF India Limited to be held on 24th June, 2026 at 3.30 PM IST through Audio Visual means.

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹3488.00
prior close
₹3519.90
base price
After-mkt
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+0.4+0.6+0.6+0.4+0.2-1.8-3.2-4.9-4.0-1.3-0.5+4.7+7.3
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AI summary

BASF India Limited is notifying shareholders about a Scheme of Arrangement involving demerger with BASF Agricultural Solutions India Limited. The NCLT Mumbai Bench has ordered an equity shareholder meeting on June 24, 2026 at 3:30 PM IST via video conferencing to consider and approve the scheme. Shareholders on the record date of June 17, 2026 can participate in remote e-voting from June 19-23, 2026. The notice includes the full scheme document, explanatory statement under Sections 230-232 of Companies Act, 2013, and details on attending via VC/OAVM. NCLT has appointed a former NCLT member as Chairperson and a practicing Company Secretary as scrutinizer for the meeting.

Likely market impact

If approved, this demerger will result in BASF Agricultural Solutions India becoming a separate listed entity. Existing BASF India shareholders will receive shares in the resulting company, affecting both companies' shareholding structures and potentially their market valuations.