BASF India will hold a meeting of the Board of Directors of the Company on 14 May 2024. The meeting would commence at 12.30 PM.Powered by Capital Market - Live News

Net profit of BASF India rose 1216.35% to Rs 140.06 crore in the quarter ended December 2023 as against Rs 10.64 crore during the previous quarter ended December 2022. Sales rose 14.76% to Rs 3322.21 crore in the quarter ended December 2023 as against Rs 2894.87 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales3322.212894.87 15 OPM %6.401.89 - PBDT236.2063.92 270 PBT187.4018.06 938 NP140.0610.64 1216 Powered by Capital Market - Live News

The Board of BASF India at its meeting held on 12 February 2024 has approved the transfer of Company`s Coatings business to BASF India Coatings, 100% wholly owned subsidiary, on slump sale and at arm`s length basis for a consideration of Rs. 182 crore. The consideration will be payable by BASF India Coatings, 100% wholly owned subsidiary, in the form of equity shares issued in favour of BASF India, at the time of closing of the transaction, expected by the end of calendar year 2024. Powered by Capital Market - Live News

The Board of BASF India at its meeting held on 12 February 2024 has approved the appointment of Marcelo R. Lu (DIN: 10462274) as the Non-Executive and Non-Independent Director of the Company, effective 12 February 2024, subject to the approval of the Shareholders of the Company. Further, the Board of Directors of the Company has also approved the appointment of Narendranath J. Baliga (DIN: 07005484) as an Alternate Director to Marcelo R. Lu, effective 12 February 2024. Powered by Capital Market - Live News

BASF India will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News