BASF India Limited Schedules 82nd AGM; Proposes Rs. 25 Dividend Per Share

BASF India Limited Schedules 82nd AGM; Proposes Rs. 25 Dividend Per Share​

BASF India Limited has issued a notice for its 82nd Annual General Meeting (AGM), which is scheduled to be held on Wednesday, August 12, 2026. The meeting will be conducted via Video Conferencing and Other Audio-Visual means at 3:00 p.m. to transact several key items of business, including the adoption of audited financial statements for the fiscal year ended March 31, 2026.

The company has proposed a dividend of Rs. 25 per equity share for the financial year ended March 31, 2026. This dividend is based on a face value of Rs. 10 per share and will be paid out of the profits of the company. The record date for determining eligibility for this dividend is August 5, 2026, during which the Register of Members and Share Transfer Books will remain closed from July 31, 2026.


Key Management Appointments and Audit Updates

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 to serve as Directors of the company.

Additionally, the board has recommended the ratification of remuneration for M/s. R. Nanabhoy & Co., which serves as the Cost Auditors of the company. The proposed remuneration for the financial year ending March 31, 2027, is Rs. 18,91,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Related Party Transactions

BASF India Limited seeks approval for material related party transactions involving its affiliate companies for the financial years 2026-2027 and 2027-2028. These transactions involve the sale and purchase of chemicals, materials, and the availing or rendering of services. The company has confirmed that these transactions are being conducted on an arm's length basis and in the ordinary course of business.


The proposed transactions are intended to further the business activities of the company and are expected to be in the interest of the entity. The management has noted that these transactions may exceed materiality thresholds for the specified financial years.

Unpaid Dividends and Corporate Actions

The company has reported the transfer of Rs. 6,30,372 in unpaid or unclaimed dividend amounts for the financial year ended March 31, 2018, to the Investor Education and Protection Fund (IEPF). The company continues to manage unclaimed dividends for subsequent years, including those ending in 2019, 2020, and 2021.

Members are advised that the company is facilitating a remote e-voting process starting from August 9, 2026, until August 11, 2026. The voting rights of members will be proportional to their shares in the paid-up equity share capital as of the cut-off date of August 5, 2026.

PRSMJOHNSN Stock Price Movement​

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