BASF India to fully acquire BASF Agricultural Solutions India
BASF India (BSE: BASF) has announced it will acquire all equity shares of BASF Agricultural Solutions India Ltd from its parent company, BASF SE, and its nominee shareholders. The deal, approved by the Board of Directors on April 25, 2025, involves the acquisition of 7 fully paid equity shares with a face value of INR 10 each, for a total cash consideration of INR 70. This transaction makes BASF Agricultural Solutions India Ltd a wholly-owned subsidiary of BASF India. The acquisition is expected to be completed by mid-May 2025. The move is linked to the potential demerger of BASF India's Agricultural Solutions business into a separate legal entity. The transaction is considered a related party transaction conducted at arm's length, based on a fair valuation by an independent chartered accountant.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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