BASF India Merger & Restructuring Worth ₹0.94 Cr
BASF India acquired a 14.18% stake in Clean Max Galapagos Private Limited for Rs 0.945 Crore to secure renewable power supply.
- Value
- ₹0.94 Cr
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BASF India acquired a 14.18% stake in Clean Max Galapagos Private Limited for Rs 0.945 Crore to secure renewable power supply.
BASF India's Board approved acquiring a 14.18% stake in Clean Max Galapagos Private Limited for Rs 0.95 Crore. The investment secures 4,240 MWh of solar power annually.
BASF India approved demerger of its agricultural solutions business into BASF Agricultural Solutions India Ltd. Shares will be exchanged 1‑for‑1 with listing by March 2027.
BASF India completed the divestiture of its 100% stake in BASF India Coatings Private Limited. The transaction was valued at ₹230.16 Crore.
BASF India will seek shareholder approval for the demerger of its Agricultural Solutions Business on June 24, 2026. The move aims to streamline operations via restructuring.