BASF India Clarifies on Global Hubs in Hyderabad

BASF India clarified a news article stating that the "global business services hub" and "global digital hub" in Hyderabad are housed under BASF Global Business Services Private Limited and BASF Digital Solutions Private Ltd, subsidiaries of BASF SE, Germany. BASF India Ltd does not have any shareholding in these entities, and the establishment of these hubs does not have a material impact on BASF India Ltd's business or financial operations. A press release from BASF Global Services on May 5, 2026, clarifies that the new global business services hub will operate under BASF Global Business Services Private Limited.