BASF India Limited — Important, 30-07-2025: Disclosure of material issue

BASF India's board has approved acquiring a 26% stake in Clean Max Amalfi Private Limited, an SPV, for up to ₹6.59 crore. This strategic move aims to secure approx. 28,854 MWh of solar & wind power for the company's manufacturing facilities at Dahej and Panoli under a Group Captive Power Generation Mechanism.

**Issue:** Securing a long-term, stable, and sustainable energy supply for key manufacturing operations.

**Impact:** This investment ensures a dedicated source of renewable energy, potentially leading to long-term cost efficiencies and a reduced carbon footprint for BASF India. It enhances energy independence for their critical production sites.

**Company's Response:** By investing in the SPV, BASF India is proactively addressing its energy needs with clean power, aligning with sustainability goals and securing supply through a 25-year Power Purchase Agreement, subject to final agreements.