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BASF India Ltd — Capital/Financing Update 2025
Nov 11, 2025
61168_rns_2025-11-11_50fa5f9f-c818-4a0e-89e1-550b021e0b42.pdf
Capital/Financing Update
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BASF India Limited, Mumbai - 400 079, India
November 11, 2025
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
This is further to our letter dated 30[th] July, 2025, wherein the Company had informed regarding the approval of the Board of Directors of the Company for acquisition of 26% equity share capital of Clean Max Amalfi Private Limited, Special Purpose Vehicle incorporated by Clean Max Enviro Energy Solutions Limited (“the Developer”) for an amount not exceeding Rs.65.93 mio for expected procurement of ~ 28,860 MWh annually (including green attributes as applicable under law) of renewable power (wind-solar hybrid) for its manufacturing sites at Dahej and Panoli under Captive Power Generation Mechanism, as per the prevailing renewable energy policy of the State of Gujarat and the Electricity Act 2003 and the Rules thereunder (“Applicable Laws”).
We now wish to inform you that the Company has signed the Share Purchase Agreement with Clean Max Enviro Energy Solutions Limited on 11[th] November, 2025 to acquire 26% equity share capital in Clean Max Amalfi Private Limited & will thereafter sign the Shareholders Agreement, Energy Supply Agreement & other ancillary agreements in due course, in order to avail the benefit available to the captive users under the Applicable Laws. The closing of the transaction is subject to customary conditions precedent including receipt of requisite approvals.
Kindly take the same on record.
Thanking You
Yours faithfully,
For BASF India Limited
MANOHAR Digitally signed by MANOHAR SHRIKANT KAMATH SHRIKANT KAMATH Date: 2025.11.11 15:23:07 +05'30'
Digitally signed by PANKAJ PANKAJ RAJKUMAR BAHL RAJKUMAR BAHL Date: 2025.11.11 15:23:31 +05'30'
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). Mumbai400051.
Registered Office
BASF India Limited Unit No.10A, 10B & 10C (part), 10[th] 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