Announced Wed, 24 Jun · 15:56 IST

BASF India shareholders meet to approve demerger of agro business into BASIL

BASF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.3%1-day move

₹3774.80

prior close

₹3778.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.5-1.7-1.9-1.8-3.3-4.9-5.4-3.2-2.8-6.4-1.3-0.9——

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AI summary

BASF India held an NCLT-convened shareholder meeting on June 24, 2026 to approve the demerger of its Agricultural Solutions business into a new listed entity called BASF Agricultural Solutions India Limited (BASIL). Share entitlement ratio is 1:1. The agrochemical business had FY26 sales of INR 1,944 crore and PBT of INR 254 crore. SEBI and stock exchanges cleared the scheme in February 2026. Final court hearing and BASIL share allotment are expected by March 2027, followed by listing on BSE and NSE.

Likely market impact

Each BASF India shareholder gets 1 BASIL share for every share held. BASIL is set to list on BSE and NSE by March 2027.