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BASF’s promoter acquires stake in company

24 Mar 2020 Evaluate

BASF India’s promoter -- BASF SE, Germany has acquired 18,96,061 equity shares of Rs 10 each at Rs 1125.35 per equity share, representing 4.38% of the paid up equity share capital of the company from BASF Construction Solutions GmbH (promoter group shareholder) by way of a block deal on March 23,2020.

BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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