NSESale or disposal1 Jul 2026 · 1 Jul 2026, 07:53 pm
Sale or disposal
BASF India Limited · BASF
✦ AI SummaryDivestiture
BASF India Limited has concluded the sale of its 100% stake in BASF India Coatings Private Limited to Bond German BidCo 2 GmbH and Bond France BidCo SAS for INR 230.16 crore.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact9/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
BASF India Limited has informed the Exchange about Sale or disposal
Attachments (1)
📄pdf
Download →
BASFIL_01072026195306_SE_Letter30062026EC.pdf
View document text
BASF India Limited, Mumbai - 400 079, India
July 1, 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: Update on divestiture of 100% stake held by BASF India Limited in BASF India Coatings Private Limited
We refer to our earlier letter dated 30th March 2026 wherein we had informed the stock exchanges regarding the
decision of the Board of Directors of the Compay for sale / transfer of the 100% stake held by the Company in BASF
India Coatings Private Limited to Bond German BidCo 2 GmbH and Bond France BidCo SAS (Carlyle Group
Companies) at a consideration of INR 230.16 crore. (as determined by an Independent Valuer).
We now wish to inform you that the transaction has been concluded on 30th June 2026 pursuant to the receipt of the
above consideration by the Company. Consequently, the entire equity shares of BASF India Coatings Private Limited
held by the Company has been transferred to Bond German BidCo 2 GmbH and Bond France BidCo SAS
respectively, on 30th June, 2026. Accordingly, BASF India Coatings Private Limited has ceased to be a wholly owned
subsidiary of the Company.
Request you to kindly take note of the above information.
Thanking You,
Yours faithfully,
For BASF India Limited
Manohar Kamath Pankaj Bahl
Director – Legal, General Counsel (India) Senior Manager – Legal & Secretarial
& Company Secretary
Cc: The Assistant Manager Listing
The National Stock Exchange of India Ltd.
Exchange Plaza, 5th floor
Plot No.C/1, G Block
Bandra Kurla Complex, Bandra (East), Mumbai – 400 051
Registered Office
BASF India Limited
Unit No. 10A, 10B, 10C (Part),
10th Floor, Godrej One, Pirojsha Nagar,
Eastern Express Highway, Vikhroli (East),
Mumbai - 400 079, India
Tel +91 22 6238 7000
CIN - L33112MH1943FLC003972
www.basf.com/in