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BASF India MD, chairman and AGM

NSE: BASFBSE: 500042Chemicals & PetrochemicalsSmall Cap

BASF India Limited · Face value ₹10 · Listed May 1968 on BSE, May 1995 on NSE
Last close ₹3,164.20up ₹61.00 (1.97%)BSE ₹3,165.45

Share price at the NSE close on 29 Oct 2026. Previous close ₹3,103.20.

29 Oct: open ₹3,103.20, high ₹3,175.00, low ₹3,074.90

52-week range of traded prices to 29 Oct 2026
₹3,031.80Low, 26 Oct 2026₹4,560.00High, 13 Nov 2025
Market cap
₹13,696 Cr413th largest listed
P/E
21.30
P/B
3.46
Dividend yield
0.79%
ROE
16.9%
ROCE
20.2%
Debt to equity
0.00
Volume, NSE
15,12346.4% delivered

BASF India's chairperson is Pradip Shah and its managing director Alexander Gerding, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 12 Aug 2026.

BASF India board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonPradip Shah
  • Managing directorAlexander Gerding
  • Company Secretary and Compliance OfficerManohar Kamath

9 directors3 independent3 executive3 non-executive

  • Pradip Shah · ChairpersonNon-executive · joined Apr 2024 · reappointed Aug 2026 · 4 listed boards · 2 as independent · 7 committee seats, 2 as chair
  • Alexander Gerding · Managing directorExecutive · joined Jan 2023 · 1 listed board · 1 committee seat
  • Andrew George PostlewaiteNon-executive · joined Dec 2025 · 1 listed board
  • Ramkumar DhruvaNon-executive · joined Aug 2018 · reappointed Aug 2026 · 1 listed board
  • Anil Kumar ChoudharyExecutive · joined Jan 2023 · reappointed Aug 2025 · 1 listed board · 1 committee seat
  • Shyamala Gopinath · Shareholder DirectorIndependent · joined Jan 2019 · reappointed Jan 2024 · 93 months as independent · 2 listed boards · 1 as independent · 3 committee seats, 1 as chair
  • Bahram Vakil · Shareholder DirectorIndependent · joined Apr 2024 · 30 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • Sonia Singh · Shareholder DirectorIndependent · joined Apr 2024 · 30 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 2 as chair
  • Narendranath Jagannath BaligaExecutive · joined Jan 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Marcelo Rocha Lu, left 30 Nov 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 20269 of 9 present3 independent · 7 days in between
    • 4 Aug 20268 of 9 present3 independent · 76 days in between
    • 19 May 20269 of 9 present3 independent

  • Audit Committee

    Chair Shyamala Gopinath

    Pradip Shah, Bahram Vakil, Sonia Singh

    • 4 Aug 20264 of 4 present3 independent · 76 days in between
    • 19 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Shyamala Gopinath

    Pradip Shah, Sonia Singh

    • 19 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Sonia Singh

    Shyamala Gopinath, Anil Kumar Choudhary, Alexander Gerding

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Alexander Gerding

    Pradip Shah, Shyamala Gopinath, Bahram Vakil, Narendranath Jagannath Baliga

    • 4 Aug 20265 of 5 present2 independent

  • Corporate Social Responsibility Committee

    Chair Bahram Vakil

    Sonia Singh, Anil Kumar Choudhary

    • 12 Aug 20263 of 3 present2 independent · 7 days in between

  • Committee of Independent Directors ( For the purpose of Demerger of Agricultural

    Chair Shyamala Gopinath

    Bahram Vakil, Sonia Singh

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • M/s Deloitte Haskins & Sells LLPNamed in filings from Mar 2025 to Dec 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

BASF India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.BASF India dividend history

Annual general meeting, 12 Aug 2026

67,165 shareholders on the register on 5 Aug 2026; present: 2 promoters and 54 others; votes counted by Hemant Shetye / HSPN & Associates LLP.The company's voting result

  1. Adoption of the Standalone and Consolidated Audited Financial Statements of the Company along with the relevant Report’s thereon for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 100.00% · institutions 70.40% · other public 9.65%

  2. Declaration of Final Dividend of Rs. 25/- per equity share (250%) for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.72% · promoters 100.00% · institutions 70.40% · other public 9.65%

  3. Re-appointment of Mr. Pradip P. Shah (DIN: 0006242) as a Director of the Company
    Ordinary
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 2.93% · other public 0.00%

    Turnout: all 82.72% · promoters 100.00% · institutions 70.40% · other public 9.65%

  4. Re-appointment of Dr. Ramkumar Dhruva (DIN: 00223237) as a Director of the Company
    Ordinary
    98.04% for1.96% against

    Against: promoters 0.00% · institutions 20.54% · other public 0.00%

    Turnout: all 82.72% · promoters 100.00% · institutions 70.40% · other public 9.65%

  5. Ratification of the remuneration payable to the Cost Auditors of the Company for the financial year ending March 31, 2027
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 82.72% · promoters 100.00% · institutions 70.40% · other public 9.65%

  6. Approval of the limits of Material Related Party transactions for the financial year 2026-2027 and for the next financial year 2027-2028 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2027.MoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 9.39% · promoters 0.00% · institutions 70.40% · other public 9.65%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 24 Jun 2026, 1 resolution

65,923 shareholders on the register on 17 Jun 2026; present: 2 promoters and 54 others; votes counted by Hemant S. Shetye / M/s. HSPN & Associates LLP, Practicing Company Secretaries.The company's voting result

  1. Approval of the Equity Shareholders of BASF India Ltd for the arrangement embodied in the Scheme of Arrangement amongst BASF India Ltd (Demerged Company) and BASF Agricultural Solutions India Ltd (Resulting Company) providing for the demerger of the Company's Agricultural Solutions Business.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 82.39% · promoters 100.00% · institutions 72.19% · other public 4.95%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Dec 2025, 1 resolution

64,571 shareholders on the register on 21 Nov 2025; votes counted by HEMANT SHETYE / HSPN & ASSOCIATES LLP.The company's voting result

  1. Appointment of Mr. Andrew George Postlethwaite (DIN: 03532678) as Non – Executive Non- Independent Director of the Company, effective 1st December 2025
    Ordinary
    99.73% for0.27% against

    Against: promoters 0.00% · institutions 2.60% · other public 2.39%

    Turnout: all 81.71% · promoters 100.00% · institutions 78.26% · other public 0.61%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Aug 2025, 7 resolutions

66,389 shareholders on the register on 5 Aug 2025; present: 2 promoters and 58 others; votes counted by Mr. Suhas S. Ganpule / SG & Associates.The company's voting result

  1. Adoption of the Standalone and Consolidated Audited Financial Statements of the Company along with the relevant Report’s thereon for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.54% · other public 16.24%

  2. Declaration of Final Dividend of Rs. 20/- per equity share (200%) for the financial year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.55% · other public 16.24%

  3. Re-appointment of Mr. Marcelo Rocha Lu (DIN 10462274) as a Director of the Company
    OrdinaryPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 3.66% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.54% · other public 16.24%

  4. Re-appointment of Mr. Anil Kumar Choudhary (DIN 07733817) as a Director of the Company
    OrdinaryPromoters have an interest in it
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 2.50% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.54% · other public 16.24%

  5. Appointment of M/s. HSPN & Associates LLP, Practicing Company Secretaries, Firm Regn. No. AAZ-8456 as the Secretarial Auditors of the Company for a term of 5 (five) consecutive years, effective August 12, 2025 and payment of remunerationMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.53% · other public 16.24%

  6. Ratification of the remuneration payable to the Cost Auditors of the Company for the financial year ending March 31, 2026
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.44% · promoters 100.00% · institutions 80.54% · other public 16.24%

  7. Approval of the maximum limits for material Related Party transactions to be entered into between the Company and Related Parties during the FY 2025-26 and for the next FY 2026-27 i.e., upto the Annual General Meeting to be held during the calendar year 2026MoreLess
    OrdinaryPromoters have an interest in it
    94.59% for5.41% against

    Against: promoters 0.00% · institutions 7.08% · other public 0.00%

    Turnout: all 11.11% · promoters 0.00% · institutions 80.54% · other public 16.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Mar 2025, 2 resolutions

63,526 shareholders on the register on 7 Feb 2025; votes counted by HEMANT SHETYE / HSPN & ASSOCIATES LLP.The company's voting result

  1. Appointment of Mr. Narendranath J. Baliga (DIN: 07005484) as the Whole-time Director of the Company for a period effective from 1st January 2025 till 30th June 2027 and to fix his remuneration
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.09%

    Turnout: all 82.16% · promoters 100.00% · institutions 78.03% · other public 4.38%

  2. Increase in the maximum limits of Related Party Transactions entered into between the Company and BASF Hong Kong Ltd
    OrdinaryPromoters have an interest in it
    99.33% for0.67% against

    Against: promoters 0.00% · institutions 0.69% · other public 0.42%

    Turnout: all 8.82% · promoters 0.00% · institutions 78.03% · other public 4.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 7 Aug 2024, 7 resolutions

Present: 2 promoters and 90 others.

  1. Adoption of the Standalone & Consolidated Audited Financial Statements for the Financial year ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.50% · promoters 100.00% · institutions 80.82% · other public 16.26%

  2. Declaration of Final Dividend of Rs. 15/- (Fifteen) per equity share i.e 150% for the financial year ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.51% · promoters 100.00% · institutions 80.93% · other public 16.26%

  3. Appointment of a Director in place of Dr. Ramkumar Dhruva (DIN: 00223237), who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment
    Ordinary
    97.99% for2.01% against

    Against: promoters 0.00% · institutions 19.86% · other public 0.00%

    Turnout: all 84.51% · promoters 100.00% · institutions 80.93% · other public 16.26%

  4. Appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants having Firm Regn. No. 117366W/W-100018, for the first term of 5 (five) consecutive years to hold the office from the conclusion of this 80th Annual General Meeting till the conclusion of the 85th Annual General Meeting of the Company to be held in the year 2029MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.51% · promoters 100.00% · institutions 80.93% · other public 16.26%

  5. Payment of commission to the Non-Executive Directors of the Company of a sum not exceeding 1% of the net profits of the Company for each financial year commencing from April 1, 2024 for a term of 5 yearsMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.05%

    Turnout: all 84.51% · promoters 100.00% · institutions 80.93% · other public 16.26%

  6. Ratification of remuneration of Rs. 18,91,000 plus applicable taxes and reimbursement of expenses payable to M/s. R Nanabhoy & Co. Cost Accountants (Firm Reg No: 000010) appointed by the Board of Directors of the Company as the Cost Auditors to conduct the audit of the cost accounting records of the Company for the financial year ending March 31, 2025MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.51% · promoters 100.00% · institutions 80.93% · other public 16.26%

  7. Approval for Material Related Party Transactions for the financial year 2024-25 and for the next financial year 2025-2026 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2025MoreLess
    OrdinaryPromoters have an interest in it
    98.12% for1.88% against

    Against: promoters 0.00% · institutions 2.43% · other public 0.07%

    Turnout: all 11.18% · promoters 0.00% · institutions 80.93% · other public 16.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 May 2024, 5 resolutions
  1. Appointment of Mr. Marcelo Rocha Lu (DIN: 10462274) as Non-Executive Director of the Company, effective February 12, 2024
    Ordinary
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 2.44% · other public 0.17%

    Turnout: all 82.68% · promoters 100.00% · institutions 78.79% · other public 5.35%

  2. Appointment of Mr. Pradip P. Shah (DIN: 00066242) as Non-Executive Non-Independent Director of the Company, effective April 1, 2024
    Special
    98.57% for1.43% against

    Against: promoters 0.00% · institutions 13.87% · other public 0.27%

    Turnout: all 82.68% · promoters 100.00% · institutions 78.79% · other public 5.35%

  3. Appointment of Mr. Bahram Vakil (DIN: 00283980) as an Independent Director of the Company for a term of 5 (five) consecutive years, effective April 1, 2024, till March 31, 2029
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.28%

    Turnout: all 82.68% · promoters 100.00% · institutions 78.79% · other public 5.34%

  4. Appointment of Ms. Sonia Singh (DIN: 07108778) as an Independent Director of the Company for a term of 5 (five) consecutive years, effective April 1, 2024, till March 31, 2029
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.54%

    Turnout: all 82.68% · promoters 100.00% · institutions 78.79% · other public 5.34%

  5. Increase in the aggregate limits of Inter-Corporate Deposits placed by BASF India Ltd with BASF Group Companies in India from Rs. 750 crore to Rs. 1,450 crore
    SpecialPromoters have an interest in it
    76.89% for23.11% against

    Against: promoters 0.00% · institutions 24.10% · other public 13.25%

    Turnout: all 9.29% · promoters 0.00% · institutions 78.26% · other public 5.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 4 Aug 2023, 7 resolutions

Present: 2 promoters and 84 others.

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2023, including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss for the year ended on that date and the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

  2. Declaration of final Dividend of Rs. 8/- (Rupees Eight) per equity share i.e., 80% for the financial year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

  3. Appointment of a Director in place of Dr. Carola Richter (DIN: 09197435), who retires by rotation at this Annual General Meeting and being eligible offers herself for re-appointment
    Ordinary
    99.41% for0.59% against

    Against: promoters 0.00% · institutions 6.01% · other public 0.01%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

  4. Ratification of remuneration of Rs. 16.45 lakhs plus applicable taxes and reimbursement of expenses payable to M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration No: 000010), appointed by the Board of Directors of the Company as the Cost Auditors to conduct the audit of the cost accounting records of the Company for the financial year ending 31st March 2024.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

  5. Approval for Material Related Party Transactions for the financial year 2023-24 and for the next financial year 2024-2025 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2024 (maximum validity of 15 (fifteen) months.MoreLess
    OrdinaryPromoters have an interest in it
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.28% · other public 0.08%

    Turnout: all 10.84% · promoters 0.00% · institutions 85.06% · other public 14.90%

  6. Re-appointment of Mrs. Shyamala Gopinath (DIN: 02362921) as an Independent Director of the Company for the 2nd (second) term of 5 (five) years from 23rd January 2024 to 22nd January 2029
    Special
    99.26% for0.74% against

    Against: promoters 0.00% · institutions 7.49% · other public 0.08%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

  7. Increase in the limit of maximum basic salary i.e., from the existing approved limits of an amount not exceeding Rs. 4 crore per annum to an amount not exceeding Rs. 5.50 crore per annum payable to Mr. Alexander Gerding (DIN: 09797186), Managing Director of the Company during the tenure of his appointment i.e., 1st January, 2023 to 31st December, 2027.MoreLess
    Special
    97.58% for2.42% against

    Against: promoters 0.00% · institutions 24.40% · other public 0.04%

    Turnout: all 84.18% · promoters 100.00% · institutions 85.06% · other public 14.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 12 Aug 2026, 4 fund houses

  • Adoption of the Standalone and Consolidated Audited Financial Statements of the Company along with the relevant Report’s thereon for the financial year ended March 31, 2026
    4 for0 against
  • Declaration of Final Dividend of Rs. 25/- per equity share (250%) for the financial year ended March 31, 2026
    4 for0 against
  • Re-appointment of Mr. Pradip P. Shah (DIN: 0006242) as a Director of the Company
    4 for0 against
  • Re-appointment of Dr. Ramkumar Dhruva (DIN: 00223237) as a Director of the Company
    4 for0 against
  • Ratification of the remuneration payable to the Cost Auditors of the Company for the financial year ending March 31, 2027
    4 for0 against
  • Approval of the limits of Material Related Party transactions for the financial year 2026-2027 and for the next financial year 2027-2028 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2027.MoreLess
    4 for0 against

Mutual fund votes, meeting of 24 Jun 2026, 4 fund houses

  • Approval of the Equity Shareholders of BASF India Ltd for the arrangement embodied in the Scheme of Arrangement amongst BASF India Ltd (Demerged Company) and BASF Agricultural Solutions India Ltd (Resulting Company) providing for the demerger of the Company's Agricultural Solutions Business.MoreLess
    4 for0 against

Mutual fund votes, meeting of 30 Dec 2025, 18 fund houses

1 proposal
  • Appointment of Mr. Andrew George Postlethwaite (DIN: 03532678) as Non – Executive Non- Independent Director of the Company, effective 1st December 2025
    18 for0 against

Mutual fund votes, meeting of 12 Aug 2025, 17 fund houses

9 proposals

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Adoption of the Standalone and Consolidated Audited Financial Statements of the Company along with the relevant Report’s thereon for the financial year ended March 31, 2025
    17 for0 against
  • Declaration of Final Dividend of Rs. 20/- per equity share (200%) for the financial year ended March 31, 2025
    17 for0 against
  • Re-appointment of Mr. Marcelo Rocha Lu (DIN 10462274) as a Director of the Company
    17 for0 against
  • Re-appointment of Mr. Anil Kumar Choudhary (DIN 07733817) as a Director of the Company
    17 for0 against
  • Appointment of M/s. HSPN & Associates LLP, Practicing Company Secretaries, Firm Regn. No. AAZ-8456 as the Secretarial Auditors of the Company for a term of 5 (five) consecutive years, effective August 12, 2025 and payment of remunerationMoreLess
    17 for0 against
  • Ratification of the remuneration payable to the Cost Auditors of the Company for the financial year ending March 31, 2026
    17 for0 against
  • Approval of the maximum limits for material Related Party transactions to be entered into between the Company and Related Parties during the FY 2025-26 and for the next FY 2026-27 i.e., upto the Annual General Meeting to be held during the calendar year 2026MoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, quant Mutual Fund
    • Angel One Mutual FundGovernance & Transparency Concern: Inadequate disclosure regarding the justification for entering into the Related Party transactions with the proposed counter parties; No clarity on how Purchase/ Sale of Assets/ Business falls under the ordinary course of business of the Company.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with Law. Governance & Transparency Concern: Inadequate disclosure regarding the justification for entering into the RPTs with the proposed counter parties; No clarity on how Purchase/ Sale of Assets/ Business falls under the ordinary course of business of the Company.
    • Kotak Mahindra Mutual FundBASF India Limited has clubbed proposed related party transactions with its parent and four affiliate companies under a single resolution. The company should have sought separate approvals for transactions with each entity, to enable shareholders to vote specifically on each transaction. Transactions with these related parties aggregated Rs. 85.0 bn in FY25. The company now seeks shareholder approval for transactions aggregating Rs. 99.0 bn over a maximum period of fifteen months. The proposed transactions represent 64.6% of BASF India s FY25 consolidated turnover, which is high. The nature of the proposed transactions with the parent company is enabling- including purchase and sale of assets/ business. The company must clarify the need for such enabling transactions. Additionally, the resolution includes the payment of royalty- the company must disclose the nature, terms and conditions, and rationale for such payment. Further, the company must provide granular, party-wise details of these transactions to enable the shareholders to make an informed decision. Hence, we so not support the transaction.
    • quant Mutual FundRelated to the approval for material related party transactions. Compliant with the law. Governance & transparency concern: Inadequate disclosure regarding the justification for entering into the RPTs with the proposed counter parties. No clarity on how purchase/ sale of assets/ business falls under the ordinary course of business of the company.
    7 for8 against
2 proposals not matched to one resolution
  • 7) Approve related party transactions upto Rs. 99.0 bn with the parent company and affiliate companies for FY26 and FY27 upto the date of the 2026 AGM or fifteen months, whichever is earlier.
    1 for0 against
  • Approve related party transactions upto Rs. 99.0 bn with the parent company and affiliate companies for FY26 and FY27 upto the date of the 2026 AGM or fifteen months, whichever is earlier
    1 for0 against

Mutual fund votes, meeting of 15 Mar 2025, 13 fund houses

2 proposals
  • Appointment of Mr. Narendranath J. Baliga (DIN: 07005484) as the Whole-time Director of the Company for a period effective from 1st January 2025 till 30th June 2027 and to fix his remuneration
    13 for0 against
  • Increase in the maximum limits of Related Party Transactions entered into between the Company and BASF Hong Kong Ltd
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Inadequate Justification as to how the Transaction benefits the Listed Entity.
    • Nippon India Mutual FundNon Compliant with law
    9 for4 against

Mutual fund votes, meeting of 7 Aug 2024, 8 fund houses

7 proposals
  • Adoption of the Standalone & Consolidated Audited Financial Statements for the Financial year ended 31st March, 2024
    8 for0 against
  • Declaration of Final Dividend of Rs. 15/- (Fifteen) per equity share i.e 150% for the financial year ended 31st March, 2024
    8 for0 against
  • Appointment of a Director in place of Dr. Ramkumar Dhruva (DIN: 00223237), who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment
    8 for0 against
  • Appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants having Firm Regn. No. 117366W/W-100018, for the first term of 5 (five) consecutive years to hold the office from the conclusion of this 80th Annual General Meeting till the conclusion of the 85th Annual General Meeting of the Company to be held in the year 2029MoreLess
    8 for0 against
  • Payment of commission to the Non-Executive Directors of the Company of a sum not exceeding 1% of the net profits of the Company for each financial year commencing from April 1, 2024 for a term of 5 yearsMoreLess
    8 for0 against
  • Ratification of remuneration of Rs. 18,91,000 plus applicable taxes and reimbursement of expenses payable to M/s. R Nanabhoy & Co. Cost Accountants (Firm Reg No: 000010) appointed by the Board of Directors of the Company as the Cost Auditors to conduct the audit of the cost accounting records of the Company for the financial year ending March 31, 2025MoreLess
    8 for0 against
  • Approval for Material Related Party Transactions for the financial year 2024-25 and for the next financial year 2025-2026 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2025MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, JM Financial Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, JM Financial Mutual FundCompliant with Law. Governance Concern: Inadequate justification for entering into the proposed RPT.
    • Motilal Oswal Mutual FundInadequate justification for entering into the proposed RPT.
    4 for4 against

Mutual fund votes, meeting of 7 May 2024, 5 fund houses

5 proposals
  • Appointment of Mr. Marcelo Rocha Lu (DIN: 10462274) as Non-Executive Director of the Company, effective February 12, 2024
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with Law. Governance Concern: Uncertain time commitment due to appointment of Alternate Director.
    3 for2 against
  • Appointment of Mr. Pradip P. Shah (DIN: 00066242) as Non-Executive Non-Independent Director of the Company, effective April 1, 2024
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with Law. Governance Concern: No cooling off period served before appointment as NED-NID post completion of two terms as an ID.
    3 for2 against
  • Appointment of Mr. Bahram Vakil (DIN: 00283980) as an Independent Director of the Company for a term of 5 (five) consecutive years, effective April 1, 2024, till March 31, 2029
    5 for0 against
  • Appointment of Ms. Sonia Singh (DIN: 07108778) as an Independent Director of the Company for a term of 5 (five) consecutive years, effective April 1, 2024, till March 31, 2029
    5 for0 against
  • Increase in the aggregate limits of Inter-Corporate Deposits placed by BASF India Ltd with BASF Group Companies in India from Rs. 750 crore to Rs. 1,450 crore
    Against Groww Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Inadequate Disclosures.
    • HDFC Mutual FundThere is no clear rationale for BASF India Limited – the listed entity – providing financial support to promoter entities – which are subsidiaries of the ultimate parent company. The company must also disclose the financial profile of the companies.
    2 for3 against

Mutual fund votes, meeting of 4 Aug 2023, 6 fund houses

9 proposals

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Adoption of the Audited Financial Statements of the Company for the financial year ended 31st March, 2023, including the Audited Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss for the year ended on that date and the Reports of the Board of Directors and the Auditors thereonMoreLess
    6 for0 against
  • Declaration of final Dividend of Rs. 8/- (Rupees Eight) per equity share i.e., 80% for the financial year ended 31st March, 2023
    6 for0 against
  • Appointment of a Director in place of Dr. Carola Richter (DIN: 09197435), who retires by rotation at this Annual General Meeting and being eligible offers herself for re-appointment
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. No issue on merit of appointee Governance concern: Uncertain time commitment due to appointment of Alternate Director
    • Nippon India Mutual FundAppointment of Alternate Director
    4 for2 against
  • Ratification of remuneration of Rs. 16.45 lakhs plus applicable taxes and reimbursement of expenses payable to M/s. R. Nanabhoy & Co., Cost Accountants (Firm Registration No: 000010), appointed by the Board of Directors of the Company as the Cost Auditors to conduct the audit of the cost accounting records of the Company for the financial year ending 31st March 2024.MoreLess
    6 for0 against
  • Approval for Material Related Party Transactions for the financial year 2023-24 and for the next financial year 2024-2025 i.e., until the date of the Annual General Meeting of the Company to be held during the calendar year 2024 (maximum validity of 15 (fifteen) months.MoreLess
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with Law. Governance concern: Clubbed Resolution. Inadequate justification.
    • Nippon India Mutual FundInadequate justification
    2 for2 against
  • Re-appointment of Mrs. Shyamala Gopinath (DIN: 02362921) as an Independent Director of the Company for the 2nd (second) term of 5 (five) years from 23rd January 2024 to 22nd January 2029
    6 for0 against
  • Increase in the limit of maximum basic salary i.e., from the existing approved limits of an amount not exceeding Rs. 4 crore per annum to an amount not exceeding Rs. 5.50 crore per annum payable to Mr. Alexander Gerding (DIN: 09797186), Managing Director of the Company during the tenure of his appointment i.e., 1st January, 2023 to 31st December, 2027.MoreLess
    6 for0 against
2 proposals not matched to one resolution
  • 5) Approve material related party transactions upto Rs. 123.0 bn with the parent company and affiliate companies for FY24 and FY25.
    1 for0 against
  • Approve material related party transactions upto Rs. 123.0 bn with the parent company and affiliate companies for FY24 and FY25
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeDirector General of Revenue Intelligence, Ahmedabad (DRI)Since 22 Dec 2017
    No Change in the Status.
    At the filing before: Classification Dispute in respect of Fatty Alcohol Ethoxylates (FAEO) – Dehydol LS1, Dehydol LS2 and Alpha Ethoxylates. The matter is kept in abeyance. The Principal Commissioner of Nhava Sheva Customs is appointed as Common Adjudicating Authority for DRI Case.MoreLess
  • Tax disputePrincipal Commissioner of CustomsSince 12 Feb 2018
    No Change in the Status. The matter is pending before the Principal Commissioner of Customs JNCH for suitable order.
    At the filing before: Classification Dispute in respect of Fatty Alcohol Ethoxylates (FAEO) – Dehydol LS1, Dehydol LS2 and Alpha Ethoxylates. The matter is pending before the Principal Commissioner of Customs JNCH for suitable order.MoreLess
  • Tax disputeCommissioner of Income-tax (Appeals)Since 31 Oct 2019
    Appeal order is received from Commissioner of Income-tax (Appeals) [CIT(A)] wherein the principal contention of low margin due to under utilisation of capacity on account of initial phase of operations at Dahej is accepted subject to verification of numbers of capacity utilization of other comparable companies by the lower-level authorities. Recently, the order giving effect has also been received on 15 June 2026 deleteing the addition and demand. The department has filed an appeal before ITAT against the favourable CIT(A) order.MoreLess
    At the filing before: An addition was made towards transfer pricing adjustment in respect of benchmarking of profitability of manufacturing segment. The tax impact is considered on the total adjustment of Rs. 191 crore on this issue. The matter was decided in favour of BIL by Commissioner of Income-tax (Appeals) [CIT(A))] and the demand has been cancelled. However, Department has filed an appeal before Income-tax Appellate Tribunal (ITAT) against the aforesaid favourable order.MoreLess
  • Tax disputeCommissioner of CGST & Central Excise, Vadodara-IISince 29 Sep 2018
    The office of Commissioner of Central GST & Central Excise, after remand back proceeding vide order dated 30th January 2025 has confirmed the said demand of Rs. 55.5 crore (Tax Demand: - Rs. 27.75 crore + Penalty:- Rs. 27.75 crore plus interest, as may be applicable). Based on the advice of the tax consultant, the Company disagrees with the demand raised and accordingly has filed appeal before the CESTAT contesting the aforesaid demand order. Matter is pending to be listed before CESTAT for adjudication.MoreLess
    At the filing before: The Company had availed CENVAT credit of Service tax on inputs, input services and capital goods used in the course of setting up of factory. The department had raised Show Cause Notice raising tax demand of INR 27.75 crores along with penalty equivalent to the tax for the period from April 11 to March 16. The department alleged that the definition of 'input services' has been amended w.e.f. 01 April, 2011 to exclude Service Tax credit in relation to any services used in connection with setting up of factory. The demand is set aside from CESTAT & matter is remanded back to the Adjudicating Authority (Additional Commissioner)MoreLess
  • Tax disputeCommissioner of Service Tax-VII, Vashi, Navi MumbaiSince 27 Oct 2016
    Matter is pending to be listed before CESTAT for adjudication.
    At the filing before: The Company has paid Service tax under Reverse Charge Mechanism on transactions with associated enterprises at the time of making payment. The department contested that company has violated the provisions of law by not discharging service tax liability at the time of accrual in its books of account. Accordingly, department has raised a demand of interest of INR 0.99 crores & penalty of INR 36.50 crores. The matter is pending before CESTAT for adjudication.MoreLess
  • Tax disputeArbitration case filed by AgsonGlobal Private Limtied (Agson )Since 22 Feb 2022
    Agson had been admitted into the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), New Delhi. IRP has been appointed in the matter , BASF has filed its claim with IRP , same has been included in contingent liability list by IRP. Agson is out of CIRP and Arbitration proceedings have restarted , hearing for furhter evidence is kept on 06072026.MoreLess
    At the filing before: The Company had issued a recovery notice for its operational debt to Agson for an amount of Rs. 253,911,367.27/- in December 2021. In response, Agson invoked arbitration citing a preexisting dispute and has claimed an amount of Rs. 108,45,00,000 as damages under various heads. Currently, Arbitration proceedings are ongoing and the Company has also filed a counterclaim in the Arbitration matter initiated by Agson for Rs. 34,76,00,000/- (which includes amount of operational debt plus demurrage & other incurred costs). The matter is pending before the Sole Arbitrator for adjudication. Agson had been admitted into the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), New Delhi. IRP has been appointed in the matter , BASF has filed its claim with IRP , same has been included in contingent liability list by IRPMoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
24Dec 2496Mar 2598Jun 2504Sep 25108Dec 2566Mar 2653Jun 2669Sep 26

Open at the quarter's end

0Dec 243Mar 254Jun 250Sep 252Dec 252Mar 264Jun 261Sep 26
At most 4 complaints open, quarter to Jun 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.