BASF India has received in-principle approval for demerger of Company’s agricultural solutions business into a separate listed legal entity. This will enable operational flexibility, leverage differentiated steering and create value.
The Company’s agricultural solutions business has generated sales of Rs 2006.46 crore, representing 14.57% of the total revenues of the Company for the financial year ended March 31, 2024. The Board of Directors of the Company, at its meeting held on December 19, 2024, has approved the same.
BASF India was incorporated in 1943 and one of the leading company in chemical sector.
