BASF India Ltd — AGM Information 2021

Aug 7, 2021

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BASF India Limited, Mumbai - 400 051, India

August 7, 2021

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: Proceedings of the 77[th] Annual General Meeting.

We wish to inform you that the 77[th] Annual General Meeting (AGM) of the Company was held on Friday, 6[th] August 2021 at 3.00 p.m. through Video Conferencing/ Other Audio-Visual Means. In compliance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Proceedings of the 77[th] AGM.

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

Thanking you,

Yours Faithfully, For BASF India Limited

Digitally signed Pradeep by Pradeep Manjunath Manjunath Chandan Chandan Date: 2021.08.07 13:10:45 +05'30'

Pradeep Chandan Director – Legal, General Counsel (South Asia) & Company Secretary

PANKAJ Digitally signed by PANKAJ RAJKUM RAJKUMAR BAHL Date: 2021.08.07 AR BAHL 13:11:57 +05'30'

Pankaj Bahl Manager- Company Secretarial

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

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77[th] ANNUAL GENERAL MEETING OF THE COMPANY

77th ANNUAL GENERAL	MEETING OF THE COMPANY
1. (a) CIN (b) GLN	L33112MH1943FLC003972 N.A.
2. (a) Name of the Company (b) Registered office address (c) E-mail id	BASF India Limited The Capital, ‘A’ wing, 1204-C, 12th Floor, Plot No. C-70, ‘G’- Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400051. pradeep.chandan@basf.com
3. Details of the meeting: (i) Day, date, hour of the Annual General Meeting (ii) Venue of the Annual General Meeting: (iii) Whether chairman of the meeting appointed (iv) Number of members attended the meeting (v) Whether the requisite quorum was present (vi) Particulars with respect to any adjournment of meeting and change in venue (vii) Particulars with respect of postponement of meeting and change in venue; and	Friday, 6thAugust 2021 at 3:00 p.m. Since the Annual General Meeting was held through Video Conferencing/ Other Audio Visual Means, the deemed venue for the Annual General Meeting was the Registered Office of the Company Yes (Mr. Pradip P. Shah is the Independent Chairman of the Company) 80 Yes. N.A N.A.

Internal

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Business transacted at the 77[th] Annual General Meeting

The following business / resolutions listed in the Notice convening the 77[th] Annual General Meeting were transacted by remote e-voting and e-voting at the Annual General Meeting;

Sr. No	Item No.	Result
Ordinary Business
1.	Adoption of Audited Financial Statements, Directors’ Report & Auditors’ Report for the financial year ended 31stMarch 2021.	Approved by requisite majority
2.	Declaration of Special Dividend of Rs. 5/- per equity share (50%) and Final Dividend of Rs. 5/- per equity (50%) for the financial year ended 31stMarch 2021, aggregating Rs. 10/- per equity share (100%)
3.	Re-appointment of Mr. Rajesh Naik (DIN: 06935998) as a Director, who retires by rotation and being eligible, offers himself for re- appointment
Special Business
4.	Ratification of remuneration payable to M/s. R. Nanabhoy & Co. (Firm Registration No. 000010), Cost Auditors for the financial year ending 31stMarch 2022.	Approved by requisite majority
5.	Revision in existing limits of maximum remuneration payable to Mr. Narayan Krishnamohan, Managing Director (DIN: 08350849) for a consecutive period of 3 years i.e. 1stApril 2021 to 31stMarch 2024.

Resolution No. 1 to 4 are Ordinary Resolutions. Resolution No. 5 is a Special Resolution.

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Fair summary of the proceedings of the 77[th] Annual General Meeting

Mr. Pradeep Chandan, Company Secretary welcomed all the shareholders of the Company and gave instructions to the shareholders for smooth functioning of the Annual General Meeting held through Video Conferencing/ Other Audio-Visual Means. Mr. Pradeep Chandan also welcomed Mr. Pradip P. Shah, Chairman of the Company and requested him to preside over the Annual General Meeting.

Mr. Pradip P. Shah welcomed all the shareholders and declared that the requisite quorum for the Annual General Meeting was present and called the Meeting to order. He informed the shareholders regarding the changes in the Board of Directors of the Company. He also informed the shareholders that all the Directors of the Company were present at the Annual General Meeting and requested the Directors to introduce themselves.

He also informed the shareholders regarding presence of Statutory Auditor, Internal Auditor, Secretarial Auditor and Cost Auditor at the Annual General Meeting. He sought the permission of the shareholders to take the Notice dated 11[th] May 2021 as being read. 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 11[th] May 2021 as being read.

He informed the shareholders that the necessary documents namely; the Audited Financial Statements, Directors’ Report, Auditors’ Report, Registers, representations received from the promoters were available for inspection electronically by any shareholder of the Company and that the same could be done by sending a request to Mr. Pradeep Chandan, Company Secretary.

Mr. Pradip P. Shah, Chairman then requested Mr. Narayan Krishnamohan, Managing Director to make a presentation to the shareholders of the Company and authorised him to conduct the remaining proceedings of this Annual General Meeting, including e-voting, appointment of Scrutinizer, handling questions & answer session, declaration of e-voting results and conclusion of the Meeting.

Mr. Narayan Krishnamohan made a presentation to the shareholders on the financial performance and other matters pertaining to the Company.

Thereafter, Mr. Narayan Krishnamohan 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, 3[rd] August 2021 at 9.00 a.m. IST to Thursday, 5[th] August 2021 till 5.00 p.m. IST. He also informed that for the benefit of those shareholders who had participated in the meeting and had not cast their votes through remote e-voting, the facility of e-voting had also been provided at the Annual General Meeting.

For this purpose, Mr. Hemant Shetye, Partner of HS Associates, Practicing Company Secretary was appointed as the Scrutinizer to scrutinize the remote e-voting and e-voting process.

Mr. Narayan Krishnamohan requested Mr. Pradeep Chandan to explain the procedure for e-voting at the Annual General Meeting to enable the shareholders to cast their votes. Mr. Pradeep Chandan explained the e-voting process and requested the shareholders to exercise their votes. Mr. Pradeep Chandan also requested the shareholders to update their email ids and bank account details with the Company or their respective Depository Participants, for correspondence and timely remittance of dividend.

Thereafter, Mr. Narayan Krishnamohan requested the shareholders who have registered themselves as speakers to comment on the observations / questions on the Annual Report. The shareholders put forth their suggestions / observations / questions which were duly clarified / answered by Mr. Narayan Krishnamohan.

Mr. Narayan Krishnamohan 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 Annual General Meeting will be declared within

Internal

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2 working days of the conclusion of the Annual General Meeting 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.

Mr. Narayan Krishnamohan declared that the the e-voting period be kept open for 15 minutes to facilitate voting by the shareholders of the Company who have not cast their votes on the resolutions and thereafter Meeting would conclude.

Thereafter, Mr. Pradeep Chandan thanked all the shareholders for their participation at the 77[th] Annual General Meeting and there being no other business, the meeting ended at 6.33 p.m.

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