BSECompany Update4 Aug 2026 · 4 Aug 2026, 02:03 pm

Disclosure under Regulation 30 - Acquisition of 14.18% stake in Clean Max Galapagos Private Limited

BASF India Ltd · 500042

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BASF India Ltd has approved the acquisition of 14.18% stake in Clean Max Galapagos Private Limited for procurement of renewable power for its Navi Mumbai manufacturing site.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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BASF India Ltd - 500042 - Announcement under Regulation 30 (LODR)-Acquisition

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BASF India Limited, Mumbai - 400 079, India August 4, 2026 The Market Operations Department BSE Limited P.J. Towers, Dalal Street, Mumbai 400 001. Name of the Company : BASF INDIA LIMITED Security Code No : 500042 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that the Board of Directors of the Company at its meeting held on August 4, 2026 has approved the acquisition of 14.18% stake in the equity share capital of Clean Max Galapagos Private Limited, Special Purpose Vehicle incorporated by Clean Max Enviro Energy Solutions Limited (“the Developer”), for an amount not exceeding INR 9.45 mio for procurement of ~ 4,240 MWh / per year (including green attributes) of renewable power (solar) for its Navi Mumbai manufacturing site under Group Captive Power Generation Mechanism, as per the prevailing renewable energy policy of the State of Maharashtra and the Electricity Act 2003 and the Rules thereunder. The closing of the transaction is subject to signing of the Definitive Agreements i.e., Shareholders’ Agreement and 25-year long-term Power Purchase Agreement, receipt of the requisite approvals and other specified conditions. We also wish to state that the above mentioned acquisition is not a related party transaction and none of the promoter/promoter group companies have any stake or interest in the entity being acquired. The meeting commenced at 12.30 p.m. and concluded at 1.45 p.m. Kindly take the same on record. Thanking You Yours faithfully, For BASF India Limited Manohar Kamath Pankaj Bahl Director – Legal, General Counsel (India) Senior Manager – Legal & Secretarial & Company Secretary Cc: Listing Compliance, National Stock Exchange of India Limited, Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra –(East). Mumbai- 400051. Registered Office BASF India Limited Unit Nos. 10A, 10B, 10C (Part), 10th Floor, Godrej One, Pirojsha Nagar, Eastern Express Highway, Vikhroli (East), Mumbai 400 079, India Tel +91 22 6834 7000 CIN - L33112MH1943FLC003972 www.basf.com/in