BASF India Announces 82nd AGM and Proposes Rs. 25 Dividend per Share

BASF India Announces 82nd AGM and Proposes Rs. 25 Dividend per Share​

BASF India Limited has announced that its 82nd Annual General Meeting (AGM) will be held on Wednesday, August 12, 2026, via Video Conferencing and other Audio-Visual means. The meeting is scheduled to commence at 3:00 p.m. to conduct various pieces of ordinary and special business relating to the company's operations and financial standing for the fiscal year ended March 31, 2026.

The agenda for the meeting includes the adoption of the audited financial statements and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will also consider the reports of the Board of Directors and Auditors regarding these statements. A key highlight of the meeting is the proposal to declare a dividend on equity shares of the company for the same period.

The company has recommended a dividend at the rate of Rs. 25 per equity share, which carries a face value of Rs. 10 each. This dividend is intended to be paid out of the profits of the company.

Board Appointments and Audit Remunerations​

The meeting will also see the re-appointment of two directors who are retiring by rotation: Mr. Pradip P. Shah and Dr. Ramkumar Dhruva. Both individuals are eligible for re-appointment and will continue their roles as Directors of the company.

Additionally, the company seeks to ratify the remuneration payable to its Cost Auditors, M/s. R. Nanabhoy & Co., for the financial year ending March 31, 2027. The proposed remuneration for the audit of cost accounting records is set at Rs. 18,91,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Material Related Party Transactions​

BASF India Limited is seeking approval for material related party transactions (RPT) for the financial years 2026-27 and 2027-28. These transactions involve sales, purchases of chemicals and materials, and the availing or rendering of services with affiliated companies. The proposed limits are significant, involving transactions with entities based in Hong Kong and Singapore.

The following table outlines the details of the proposed related party transactions:


The company has noted that these transactions are conducted on an arm's length basis and in the ordinary course of business. The Audit Committee has reviewed the proposed transactions and confirmed they are in the interest of the company and do not provide any personal benefit to the directors or key managerial personnel.

Shareholder Information and Book Closure​

To determine eligibility for the dividend, the Register of Members and Share Transfer Books will be closed from July 31, 2026, to August 5, 2026. The company has also identified that the dividend payment for equity shares held in physical form will occur on or after August 17, 2026, while payments for demat shares will be processed based on the statement of beneficial ownership as of July 30, 2026.

The company has also reported the transfer of Rs. 6,30,372 to the Investor Education and Protection Fund (IEPF) for unpaid or unclaimed dividends from the financial year ended March 31, 2018. Shareholders are encouraged to claim any unpaid dividends for various financial years to avoid the subsequent transfer of underlying shares to the IEPF Authority.

BASF Stock Price Movement​

Shares of BASF India Limited are edging higher to ₹3703.6 as of 2:56 PM today, gaining 0.08%. The stock is seeing activity with a total volume of 7,570 shares traded during the session.