BASF India shareholders approve Agricultural Solutions demerger scheme

Nclt Scheme FiledCore Business DivestedStrategic Transactions View source PDF

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AI summary

BASF India shareholders approved the demerger of its Agricultural Solutions business into BASF Agricultural Solutions India Limited at an NCLT-convened meeting on June 24, 2026. The special resolution passed with 99.99 percent votes in favor, representing 82.39 percent of outstanding shares. Promoters voted 100 percent in favor.

Likely market impact

Shareholders cleared the Agricultural Solutions demerger. NCLT and other regulatory approvals still needed before the scheme becomes effective.