BASF India Ltd — AGM Information 2019

Jul 19, 2019

BASF India Limited, Mumbai - 400 051, India

July 19, 2019

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,

Sub: Compliance under Regulation 30 and Part A(A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

We wish to inform you that the Seventy Fifth Annual General Meeting (AGM) of the members of BASF India Limited was held on Friday, 19th July, 2019 at 3.00 p.m. at "Yashwantrao Chavan Pratishthan Auditorium", Y. B. Chavan Centre, General Jagannath Bhosale Marg, Nariman Point, Mumbai- 400021, where all the resolutions as set out in the Notice convening the said AGM have been transacted and passed with requisite majority by the members.

In compliance with the requirements of Regulation 30 and Part A(A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we are furnishing herewith the Proceedings of the said AGM.

Please take the above intimation on record and acknowledge receipt of the same.

Thanking you,

Yours Faithfully, For BASF India Limited

Pradeep Chandan Pankaj Bahl Director – Legal, General Counsel (South Asia) Manager- Company Secretarial & Company Secretary

Encl : a.a.

Cc: The Assistant Manager – Listing National Stock Exchange of India Ltd. Exchange Plaza, Plot No.C/1, G Block Bandra – Kurla Complex Bandra (East), Mumbai – 400 051

National Securities Depository Limited (NSDL) Central Depository Services (India) Limited (CDSL)

Registered Office BASF India Limited The Capital, 'A' Wing, 1204-C, 12th Floor, Plot No. C-70, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051, India

Tel +91 22 6278 5600

CIN - L33112MH1943FLC003972

www.basf.com/in

1. (a) CIN		L33112MH1943FLC003972
(b) GLN		N.A.
2. (a) Name of the Company		BASF India Limited
(b) Registered office address		12thTheCapital,'A'wing,1204-C,Floor,Plot No. C-70, 'G'- Block, Bandra Kurla Complex,Bandra (East), Mumbai- 400051.
(c) E-mail id		pradeep.chandan@basf.com
3. Details of the meeting:
(i)	Day, date, hour of the Annual GeneralMeeting	Friday, 19th July, 2019 at 3:00 p.m.
(ii)	Venue of the Annual GeneralMeeting:	Yashwantrao Chavan Pratishthan Auditorium,Y. B. Chavan Centre, General Jagannath BhosaleMarg, Nariman Point, Mumbai – 400021
(iii)	Whether chairman of the meetingappointed	Yes (Mr. Pradip P. Shah has been appointed asChairman of the Company)
(iv)	Number of members attended themeeting (including proxies/authorisedrepresentatives)	197
(v)	Whether the requisite quorum waspresent	Yes.
(vi)	Particulars with respect to anyadjournment of meeting and changein venue	N.A
(vii)	Particulars with respect ofpostponement of meeting and changein venue; and	N.A.

75th ANNUAL GENERAL MEETING OF THE COMPANY

Business transacted at the AGM

The following business / resolutions listed in the Notice convening the 75th Annual General Meeting were transacted by remote e-voting and e-voting at the AGM;

Sr. No	Item No.	Result
Ordinary Business
1.	Adoption of Audited Financial Statements, Directors' Report &Auditors' Report for the financial year ended 31st March, 2019.	Approved by requisite
2.	Declaration of Dividend for financial year 2018-2019.	majority
3.	Re-appointment of Dr. Ramkumar Dhruva (DIN: 00223237) as aDirector, who retires by rotation.
Special Business
4.	Ratification of remuneration payable to M/s. R. Nanabhoy & Co.(Firm Registration No. 000010), Cost Auditors for the financial yearending 31st March, 2020.	Approved by requisitemajority
5.	Re-appointment of Mr. Narendranath J. Baliga (DIN: 07005484) asan Alternate Director and being in the whole-time employmentdeemed as a Whole-time Director of the Company for a period of fiveyears with effect from 1st January, 2020 to 31st December, 2024 andfixation of his remuneration.

Fair summary of proceedings of the Meeting

The Chairman, Mr. Pradip P. Shah, declared that the requisite quorum for the Annual General Meeting as per Article 91(1) read with Section 103(1) of the Companies Act, 2013 was present and called the Meeting to order. He briefed the shareholders regarding the changes in the Board of Directors and introduced the Directors and Key Managerial Personnel present on the dais. He sought the permission of the shareholders to take the Notice dated 6th June, 2019 as being read and the same was granted. He informed the shareholders that the Auditor's Report did not have any qualification, observation or comments on the financial transactions of the Company. He also sought the permission of the shareholders to take the Auditor's Report dated 30th April, 2019 as being read and the same was granted.

He informed the shareholders present that the necessary documents namely; the Audited Financial Statements, Directors' Report, Auditors' Report, Registers, representations received from the promoters, proxies received and the proxy register were laid on the table and open for inspection by any shareholder of the Company. The Chairman then requested Mr. Narayan Krishnamohan, Managing Director to make a presentation to the shareholders of the Company.

The Managing Director thereafter made a presentation to the shareholders on the financial performance and other matters pertaining to the Company. The Chairman thanked the Manging Director for his excellent presentation.

Thereafter, the Chairman stated that the Company had provided remote e-voting facility under the provisions of Companies Act, 2013, to its shareholders to cast their votes on the resolutions proposed to be passed at this meeting from Tuesday, 16th July, 2019 at 9.00 a.m. IST to Thursday, 18th July, 2019 till 5.00 p.m. IST. He also informed that for the benefit of those shareholders who were present at the meeting in person or by proxy and had not casted their votes through remote e-voting, the facility of e-voting through tablets has been provided at the AGM venue.

For this purpose, the Chairman appointed Mr. Taizoon M. Khumri, Practising Company Secretary, as Scrutinizer to scrutinize the e-voting process at the AGM.

The Chairman thereafter requested the Company Secretary to explain the procedure for e-voting at the AGM venue to enable the shareholders to cast their votes. The Company Secretary explained the e-voting process and requested the shareholders to cast their votes.

The Chairman then put the formal resolution for adoption of Audited Financial Statements of the Company for the financial year ended 31st March, 2019, the Reports of the Directors' and Auditors' thereon and other reports and documents forming part of the Directors' Report alongwith the annexure thereto for approval of the shareholders. The said resolution was proposed and seconded by the shareholders.

The Chairman then requested the shareholders to come forward with their observations / questions on the Annual Report. The shareholders present at the meeting put forth their suggestions / observations / questions which were duly clarified / answered by the Chairman/ Managing Director. Thereafter, the Chairman put each of the resolution nos. 2 to 5 forming part of the Notice, to the shareholders for their approval, which were duly proposed and seconded by the shareholders.

The Chairman, Mr. Pradip P. Shah again requested the shareholders to cast their votes immediately and announced that the consolidated results of the remote e-voting and e-voting at the AGM will be declared after the receipt of the Scrutinizer's Report and the same will be posted on the website of the Company www.basf.com/in and also on the website of NSDL www.evoting.nsdl.com. He further mentioned that a copy of the said results will be submitted to BSE Limited and The National Stock Exchange of India Limited, where the Company's shares are listed.

The Chairman thanked all the shareholders for their participation and there being no other business, announced formal closure of the 75th Annual General Meeting. The meeting ended at 5.31 p.m.