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BASF India Ltd — Regulatory Filings 2021
Sep 9, 2021
61168_rns_2021-09-09_094c890d-432f-4e55-962e-2c42972bdf24.pdf
Regulatory Filings
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BASF India Limited, Mumbai - 400 051, India
September 9, 2021
BSE Limited P.J. Towers Dalal Street, Mumbai 400 001.
Name of the Company: BASF INDIA LIMITED
Scrip Code No.500042
Dear Sir / Madam,
Re: Clarification regarding News report by Reuters dated 8th September 2021
We refer to the News Report by Reuters dated 8th September 2021 (3:04 PM IST) titled "BASF, others raided in India over alleged vegetable seeds price fixing" stating that Competition Commission of India (CCI) officials were raiding offices of BASF India and at least three other vegetable seed companies in related to alleged price fixing / collusion.
In this regard, we wish to inform you that BASF SE's vegetable seeds business is housed under a separate legal entity i.e., Nunhems India Private Limited, which is a 100% subsidiary of BASF SE, Germany and not part of BASF India Limited. Hence, we would like to clarify that the raids by CCI mentioned in the said News Report by Reuters has no connection, whatsoever, with BASF India Ltd.
We request you to kindly take note of the above clarification.
Thanking You,
Yours faithfully, For BASF India Limited
Pradeep Manjunat h Chandan Digitally signed by Pradeep Manjunath Chandan Date: 2021.09.09 08:31:50 +05'30'
Pradeep Chandan Pankaj Bahl Director – Legal, General Counsel (South Asia) Manager- Company Secretarial & Company Secretary
PANKAJ RAJKUM AR BAHL Digitally signed by PANKAJ RAJKUMAR BAHL Date: 2021.09.09 08:32:44 +05'30'
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 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