BASF India Limited — JV/Acquisition, 25-04-2025: Acquisition
25-04-2025 | 11:08 am
25-04-2025 | 11:08 am
BASF India has approved the acquisition of 100% equity interest in BASF Agricultural Solutions India Ltd for a total cash consideration of ₹70, representing 7 fully paid equity shares. This strategic move aligns with the company's plan to demerge its Agricultural Solutions business into a separate entity. The acquisition will enhance operational focus and unlock shareholder value. The transaction is expected to be completed by mid-May 2025, with BASF Agricultural Solutions India Ltd becoming a wholly owned subsidiary post-acquisition. This development underscores BASF's commitment to expanding its agricultural capabilities in India.
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