Shareholders meeting

BASF India Limited, Mumbai - 400 079, India 2nd July, 2026 The Market Operations Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 Name of the Company : BASF INDIA LIMITED Security Code No. : 500042 Dear Sir/Madam, Re: Transcript of the NCLT convened meeting of the Equity Shareholders of BASF India Limited (“Company”) held on Wednesday, June 24, 2026 We enclose herewith the transcript of the NCLT convened meeting of the Equity Shareholders of BASF India Ltd, held on Wednesday, 24th June, 2026 at 3:30 p.m., for your information & records. 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 No.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 Management: Good afternoon dear shareholders. I welcome all of you to the Equity Shareholders Meeting of BASF India Limited being held today on 24th of June 2026, pursuant to the order passed by the honorable National Company Law Tribunal in connection with the demerger of our company's agricultural solutions business into BASF Agricultural Solutions India Limited. I also welcome Mr. V. Nallasenapathy, ex-NCLT Technical Member and Chairperson appointed by the National Company Law Tribunal for this meeting. I also welcome Mr. Alexander Gerding, Managing Director, Mr. Narendranath J. Baliga, Chief Financial Officer and Whole-Time Director, and representatives of the statutory and secretarial audit team for joining the meeting. V. Nallasenapathy: I am Nallasenapathy, appointed as the Chairperson of this meeting by the honorable National Company Law Tribunal, Mumbai bench, to conduct the proceedings today pursuant to the order dated 8th April 2026 in the matter of scheme of arrangement amongst BASF India Limited and BASF Agricultural Solutions India Limited and their respective shareholders. I appreciate you joining us virtually today and I have been informed that more than 30 members are present, the quorum required in terms of the order of the honorable NCLT. Accordingly, this meeting is called to be in order. The meeting is held through video conferencing or other audio-visual means. Therefore, the physical attendance of the equity shareholders has been dispensed with and the facility for appointment of proxies by the equity shareholders will not be available for the meeting. The deemed venue for the meeting shall be the registered office of the company. The company has engaged the services of National Securities Depository Limited, NSDL, for the purpose of providing facility of video conferencing, voting by remote e-voting, and e-voting during the meeting so as to enable the equity shareholders to cast their votes. I would further like to inform you that the notice of the meeting, the statement under section 102 read with section 230 to 232 of the Companies Act 2013, the rules framed thereunder, SEBI listing regulations, secretarial standards, and other applicable SEBI circulars, the scheme of arrangement and other relevant documents in connection with the scheme and as referred to in the notice had been dispatched to the shareholders through electronic means via email to those shareholders whose email addresses were registered with the company or registrar and transfer agents or depository participants or depositories as on 22nd May 2026. In the notice of the meeting, the resolution proposed for adoption by the equity shareholders is mentioned. I take the same to have been read by the equity shareholders. In addition, the advertisements containing the details of the meeting, sending the notice to the meeting, and details on e-voting were duly published in Business Standard in English and Lok Satta in Marathi on 23rd May 2026 in accordance with the directions of the honorable NCLT. For the purpose of this meeting, Mr. Hemant Shetye, Practicing Company Secretary, has been appointed 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 6834 7000 CIN - L33112MH1943FLC003972 www.basf.com/in by NCLT as Scrutinizer to scrutinize the e-voting for the meeting pursuant to the NCLT order and I thank Mr. Shetye for joining this meeting. Further, please note that all the inspection documents can be accessed and are available electronically and anyone wishing to inspect the same can reach out to Mr. Manohar Kamath, Company Secretary. Now, I request Mr. Alexander Gerding, Managing Director of the BASF India Limited to apprise you about the demerger scheme and its rationale. Alexander Gerding: Thank you, Mr. V. Nallasenapathy, and good afternoon dear shareholders and thank you for attending this meeting today. For the love of farming, the biggest job on Earth is BASF's global campaign celebrating the dedication, innovation, and resilience of farmers around the world while promoting sustainable agriculture. At BASF, we recognize and support the efforts of our farmers, appreciating the immense impact they have on our well-being and the sustainable future of our country and our planet. We believe that farming is the biggest job on Earth and it's the love for farming that motivates us to constantly push the boundaries of present to seek innovative solutions for the future. Farming is the backbone of civilization and remains the cornerstone of our existence. Like always, let us begin with a safety moment. At BASF, safety is not only a priority for employees but also for our customers, especially the farmers who use our products in the field. Since 2016, we have been conducting Suraksha Hamesha training programs across India to educate farmers and spray operators on the safe and responsible use of agrochemicals. These sessions focus solely on product stewardship, covering nine key safety steps and the importance of personal protection with no product promotion involved. Our goal is to ensure that every farmer, regardless of farm size, has access to the right knowledge and tools to work safely and protect themselves from exposure risks. This program has created an unprecedented impact, reaching around 60 million farmers and farm operators in the past decade. Protecting our climate, optimizing the use of limited natural resources, and ensuring a reliable supply of food, feed, fiber, and fuel for a rapidly growing global population are among the defining challenges of our time. With one of the largest shares of global arable land, India is uniquely positioned to play a pivotal role in addressing global food security and sustainability challenges, offering significant headroom opportunities for productivity gains, innovation, and a transition to more sustainable agricultural practices. BASF supports this transformation through a comprehensive portfolio of seeds, seed treatment solutions, crop protection products, including fungicides, herbicides, insecticides, and biologicals, complemented by advanced digital farming solutions to help farmers improve productivity and resilience. As an integrated agrochemical solutions provider with a diversified portfolio and strong innovation pipeline, BASF is well- positioned to participate and capture India's agriculture growth opportunity and partner in shaping a more sustainable future for agriculture. 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 6834 7000 CIN - L33112MH1943FLC003972 www.basf.com/in Let me bring this together with a view on our b [Showing first 8,000 characters — download PDF for full document]