Notice of the Meeting of the Equity Shareholders of BASF India Ltd to be convened on June 24, 2026 at 3.30 pm (IST) through audio / visual means as per the directions of the Hon''ble National ....
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BASF India Limited has convened a shareholders meeting on June 24, 2026 to approve a scheme of arrangement for demerging its Agricultural Solutions Business into BASF Agricultural Solutions India Limited. The Board had approved this scheme on May 14, 2025. The NCLT Mumbai Bench passed orders on March 20, 2026 and April 8, 2026 directing this meeting. Both BSE and NSE have issued observation letters with no adverse observations (January 30 and February 2, 2026 respectively). The share entitlement ratio has been certified by PwC Business Consulting Services, and a fairness opinion has been obtained from Saffron Capital Advisors. Remote e-voting will run from June 19 to June 23, 2026, with June 17 as the cut-off date for shareholder eligibility.
If approved, BASF India's Agricultural Solutions Business will become a separate listed entity. Shareholders of BASF India will receive shares in the new company based on the certified share entitlement ratio. This restructuring may create value by separating the agricultural business but will also reduce BASF India's revenue base.