BASF India Limited held its 82nd Annual General Meeting (AGM) on Wednesday, 12th August 2026 at 3:00 p.m. through Video Conferencing/Other Audio-Visual Means. The meeting was attended by 56 shareholders (2 from Promoter and Promoter Group category and 54 from Public category).
All six resolutions set out in the AGM notice were transacted and passed with requisite majority by the members. The company is filing this disclosure in compliance with Regulations 30 and 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
Resolution Details:
1. Adoption of Standalone and Consolidated Audited Financial Statements
- Ordinary Resolution passed
- Promoters not interested in the resolution
- Total votes polled: 35,805,882 (82.72% of outstanding shares)
- Votes in favor: 35,805,856 (99.9999%)
- Votes against: 26 (0.0001%)
- No invalid votes
2. Declaration of Final Dividend of ₹25 per equity share (250%) for FY2026
- Ordinary Resolution passed
- Promoters not interested in the resolution
- Total votes polled: 35,805,882 (82.72% of outstanding shares)
- Votes in favor: 35,805,856 (99.9999%)
- Votes against: 26 (0.0001%)
- No invalid votes
3. Re-appointment of Mr. Pradip P. Shah (DIN: 00066242) as Director
- Ordinary Resolution passed
- Promoters not interested in the resolution
- Total votes polled: 35,805,882 (82.72% of outstanding shares)
- Votes in favor: 35,705,718 (99.7203%)
- Votes against: 100,164 (0.2797%)
- No invalid votes
4. Re-appointment of Dr. Ramkumar Dhruva (DIN: 00223237) as Director
- Ordinary Resolution passed
- Promoters not interested in the resolution
- Total votes polled: 35,805,882 (82.72% of outstanding shares)
- Votes in favor: 35,103,935 (98.0396%)
- Votes against: 701,947 (1.9604%)
- No invalid votes
5. Ratification of remuneration payable to Cost Auditors for FY2027
- Ordinary Resolution passed
- Promoters not interested in the resolution
- Remuneration amount: ₹18.91 lakhs plus applicable taxes and reimbursement of out-of-pocket expenses
- Total votes polled: 35,805,882 (82.72% of outstanding shares)
- Votes in favor: 35,805,786 (99.9997%)
- Votes against: 96 (0.0003%)
- No invalid votes
6. Approval of maximum limits for material Related Party transactions
- Ordinary Resolution passed
- Promoters were interested in this resolution and abstained from voting
- Covers transactions during FY2026-27 and FY2027-28 (until the AGM in 2027)
- Total votes polled: 4,062,662 (9.3857% of outstanding shares)
- Votes in favor: 4,061,838 (99.9797%)
- Votes against: 824 (0.0203%)
- No invalid votes
Scrutinizer's Report
Hemant S. Shetye, Designated Partner of HSPN & Associates LLP, was appointed as Scrutinizer via Board Resolution dated 19th May 2026. The voting rights were reckoned as of Wednesday, 5th August 2026 (cut-off date).
The remote e-voting facility was provided by National Securities Depository Limited (NSDL) from Sunday, 9th August 2026 (9:00 a.m. IST) to Tuesday, 11th August 2026 (5:00 p.m. IST). E-voting was also available during the AGM for members who had not voted remotely.
The scrutinizer confirmed that all resolutions were passed with majority support as detailed in the voting results. The electronic data and relevant records will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.
Additional Information
The documents have been uploaded on the company's website (www.basf.com/in) and NSDL's website (www.evoting.nsdl.com).
The letter was signed by:
- Manohar Shrikant Kamath, Director - Legal, General Counsel (India) & Company Secretary
- Pankaj Rajkumar Bahl, Senior Manager - Legal & Secretarial