BASF India Ltd — Regulatory Filings 2021

Oct 14, 2021

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BASF India Limited, Mumbai - 400 051, India

October 14, 2021

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,

Re: Stay on recovery of Demand Notice received from the Commercial Tax Department, Karnataka

This is further to our earlier letters regarding the receipt of demand notices from the Commercial Tax Department, Karnataka aggregating to Rs. 744.67 crores (including interest and penalty) for the tax periods 2006-2007 to 2016-2017 by treating the stock transfers of the Company’s Mangalore Plant as interstate sales to dealers and its subsequent stay by Hon’ble Karnataka Appellate Tribunal on recovery of tax demand for the periods 2006-2007 to 2010-2011, 2012-2013, 2013-2014, 2014-2015 and 2015-2016.

12[th] October 2021 (received by us on 13[th] October 2021) has granted stay on recovery of tax demand aggregating to Rs. 40.65 crores pertaining to the tax period 2016-2017.

The Company, based on the legal assessment, does not consider these stock transfers as interstate sales and is taking all the necessary legal steps to defend the matter.

Please treat the above information as intimation under Regulation 30 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Thanking You,

Yours faithfully, For BASF India Limited

Pradeep Digitally signed by Pradeep Manjunat Manjunath h Chandan Date: 2021.10.14 Chandan 12:55:31 +05'30'

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

PANKAJ Digitally signed by PANKAJ RAJKUM RAJKUMAR BAHL Date: 2021.10.14 AR BAHL 12:56:27 +05'30'

Pankaj Bahl Manager- Company Secretarial

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

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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