BASF INDIA LTD.

BASF India Limited conducted its 82nd Annual General Meeting on August 12, 2026, via video conferencing. The meeting was presided over by Chairman Mr. Pradip P. Shah. Key management personnel, including the Managing Director, CFO, and various directors, were present. The transcript of the AGM will be hosted on the company's website. The meeting covered procedural aspects for virtual conduct, including shareholder participation and the process for the question-and-answer session. The company confirmed that 73.33% of paid-up equity capital was represented, making the appointment of proxies not applicable. Mr. Alexander Gerding was authorized to conduct the remaining proceedings, including e-voting and declaration of results.

BASF India Limited held its 82nd Annual General Meeting (AGM) on August 12, 2026. The company presented information to its shareholders, emphasizing its strong commitment to Environment, Health, and Safety (EHS). Key highlights included zero high severity incidents (HSI) and process safety incidents (PSI) from April 25 to July 26, with only 2 Lost Time Injuries (LTI) in the same period. The company continues to focus on improving safety leading indicators and nurturing its safety culture through initiatives like mock drills and training. Sites at Thane and Panoli achieved a GREEN rating in Responsible Care (RC) Audits, reinforcing the company's dedication to safety and sustainability.

BASF India's Board of Directors has approved the closure of sulfation & low temperature reactor plants for its Care Chemicals Business at the Dahej manufacturing site. This decision, effective by the end of calendar year 2026, is attributed to a challenging competitive landscape in India, leading to overcapacities, high costs, and margin pressure. The Care Chemicals business will continue to operate and serve customers with other products. In FY 2025-26, the affected Dahej operations contributed ₹542 crore in revenue, representing 4% of the company's total revenue and were part of the Nutrition & Care Segment.

BASF India Limited's Board of Directors has approved the acquisition of a 14.18% stake in Clean Max Galapagos Private Limited for an amount not exceeding INR 9.45 million. This acquisition is for the procurement of approximately 4,240 MWh per year of renewable solar power for its Navi Mumbai manufacturing site, under the Group Captive Power Generation Mechanism. The transaction is subject to the signing of definitive agreements, including a Shareholders' Agreement and a 25-year Power Purchase Agreement, along with other specified conditions. The company has clarified that this is not a related party transaction and does not involve any stake or interest from promoters or their group companies in the acquired entity.

BASF India's Q1 FY27 (quarter ended June 30, 2026) consolidated profit for the period surged to ₹360.29 Cr, up 162.2% year-on-year from ₹137.40 Cr and up 423.1% sequentially from a weak ₹68.88 Cr in Q4 FY26. Stripping out the ₹18.15 Cr exceptional gain booked on the sale of BASF India Coatings, adjusted YoY PAT growth is still ~149.0%, confirming the beat is driven by core operations and not the one-off. Revenue from continuing operations (the statement now excludes the divested Coatings business) came in at ₹4,824.26 Cr, up 24.5% YoY over a base of ₹3,874.54 Cr that still included Coatings, and up 40.1% QoQ. Standalone PAT of ₹362.05 Cr is within 0.5% of the consolidated figure, so both bases tell the same story. The expansion is margin-led: consolidated net margin rose to ~7.5% from 3.5% YoY and 2.0% QoQ, while segment operating margin improved to ~10.8% from 5.5% YoY and 3.2% QoQ. The swing is concentrated in two segments — Materials PBIT flipped from a ₹11.62 Cr loss in Q1 FY26 to a ₹212.69 Cr profit this quarter, and Chemicals PBIT rose to ₹96.12 Cr from ₹16.32 Cr — consistent with a recovery in petrochemical/monomer spreads rather than a volume story. That was partly offset by Agricultural Solutions, whose PBIT fell 53% YoY to ₹77.49 Cr from ₹165.39 Cr, and Nutrition & Care, down to ₹11.06 Cr from ₹20.23 Cr. Agricultural Solutions' QoQ swing (from a ₹19.83 Cr loss to a ₹77.49 Cr profit) is a known seasonal pattern the filing itself flags for that segment, so it should not be read as trend confirmation — the YoY decline is the more telling number. Against our pre-result preview, the print is a clear beat: the preview flagged revenue of ₹3,400-3,600 Cr, OPM of 12-14%, and PBT margin of 3-4% for the quarter — actual revenue of ₹4,824 Cr and PBT margin of ~10% both surpass those markers, though OPM at ~10.8% lands modestly below the previewed band. Q1 FY27 basic EPS of ₹83.3 alone is already ~98% of the ₹85.10 FY27 full-year consensus EPS the preview cited, implying either this run-rate isn't sustainable for the full year or consensus needs a material upward revision. Management's prior concall (May 2026) offered no quantitative guidance, only qualitative priorities — protecting margins, executing the Celesto and Dispersion Line 3 expansions, and completing the Coatings and Agricultural Solutions portfolio actions; margin protection was not just met but exceeded, though no company press release with management's own framing of this quarter could be extracted from this filing. On the portfolio actions: the Coatings stake sale (100%, ₹230.16 Cr consideration) completed June 30, 2026 and is booked as an exceptional item/discontinued operation this quarter; the Agricultural Solutions demerger cleared its shareholders' meeting on June 24, 2026 but remains subject to further regulatory approvals per the filing notes. Separately, the company disclosed a 14.18% stake acquisition in Clean Max Galapagos the same day as this result, a renewable-energy investment not reflected in this quarter's P&L. Going into Q2 FY27, the key monitorables are whether the Materials/Chemicals spread recovery holds, the final terms and timeline of the Agricultural Solutions demerger, and whether full-year consensus estimates get revised given this quarter alone already captured most of the previously flagged FY27 EPS estimate.

BASF India Limited has dispatched inland letters to shareholders whose email addresses are not registered, providing the web link to access the Annual Report for FY 2025-26 and the Notice for the 82nd Annual General Meeting (AGM). The AGM is scheduled for August 12, 2026, via Video Conferencing. Key dates include a record date for final dividend on July 30, 2026, and remote e-voting from August 9 to August 11, 2026. Shareholders can access the report and notice on the company's website, stock exchange websites (BSE, NSE), and NSDL. Physical copies can be requested via email or through the Registrar and Transfer Agent (RTA).

BASF India Ltd has released its Annual Report for the financial year ended March 31, 2026. The company reported consolidated Revenue from Operations of ₹149,440.0 million (₹14,944 Cr), a slight increase from ₹147,803.6 million in the previous year. Profit before tax (before exceptional items) from continuing operations stood at ₹5,612.6 million (₹561.26 Cr), a decrease from ₹6,232.4 million in the prior year. The company experienced modest revenue growth, supported by volume increases in key segments like Nutrition & Care and Industrial Solutions, despite challenging market conditions and higher input costs. BASF India is expanding its manufacturing footprint with progress on the Cellasto® plant in Dahej and increased dispersions capacity at Mangalore. The company is also focusing on sustainability, partnering for renewable energy procurement and showcasing circular economy solutions. The Board has recommended a dividend of 250% (₹25 per equity share).

BASF India Ltd has issued a notice for its 82nd Annual General Meeting (AGM) scheduled for Wednesday, August 12, 2026, at 3:00 PM. The meeting will be conducted through video conferencing and other audio-visual means. Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the audited consolidated financial statements. The company also plans to declare a dividend of ₹25 per equity share for the same fiscal year. Additionally, the AGM will address the re-appointment of directors retiring by rotation, Mr. Pradip P. Shah and Dr. Ramkumar Dhruva. Special business includes approving remuneration for Cost Auditors for the fiscal year ending March 31, 2027, and approving limits for material related party transactions.

BASF India Ltd has released its Annual Report for FY 2025-26, detailing a consolidated revenue from operations of ₹149,440.0 million, a slight increase from ₹147,803.6 million in the previous year. Profit before tax (before exceptional items) from continuing operations stood at ₹5,612.6 million, down from ₹6,232.4 million in the prior year. The company experienced modest revenue growth driven by volume increases in key segments like Nutrition & Care and Industrial Solutions, despite global macroeconomic headwinds and pricing challenges. Profitability was impacted by higher input costs, but disciplined cost management and operational excellence maintained healthy margins. The Board has recommended a dividend of 250% (₹25 per equity share). Significant investments were made in expanding manufacturing footprint, including the Cellasto® plant at Dahej and increased dispersions capacity at Mangalore. The company also advanced sustainability initiatives, including a partnership for renewable energy procurement.

BASF India Limited has announced the successful conclusion of the divestiture of its entire 100% stake in BASF India Coatings Private Limited. The transaction, initially announced on March 30, 2026, was finalized on June 30, 2026, with the receipt of the agreed consideration of INR 230.16 crore. This amount was determined by an independent valuer. The stake has been transferred to Bond German BidCo 2 GmbH and Bond France BidCo SAS, entities associated with the Carlyle Group. Consequently, BASF India Coatings Private Limited is no longer a wholly owned subsidiary of BASF India Limited.