BASF India Ltd Company History

The Company was incorporated in May under the name of R.A. Cole Ltd.

The Company Manufacture expandable and expanded polystyrene and

synthetic tanning agents. The products manufacture are styropor

(expandable polystyrene) thermocole (expanded polystyrene) and Basyntan

(Synthetic tanning agent).

70 No. of Equity shares of Rs 100 each were allotted to Mr. R.A Cole

in 1943 pursuant to an agreement when he sold the business to the

Company. Equity shares of Rs 100 each were subdivided into shares of

Rs 10 each on 26th December, 1967. The Capital of the Company stood at

Rs 22,50,000 divided into 2,25,000 No. of Equity shares of Rs 10 each

including 1,00,000 bonus shares issued in February 1967.

The name of Company was changed to Indoplast Ltd.

The name of Company was changed from Indoplast Ltd. to BASF India

Ltd. The Company has technical collaboration with Badische Anilin &

Soda-Fabric AG (BASF), West Germany.

The Company has entered into an agreement with the National Research

Development Corporation of India (NRDC) who agreed to provide the

know-how developed by the Central Leather Research Institute for

certain synthetic tanning agents.

In Jan. 17,500 Pref. and 3,00,000 No. of Equity shares issued at par:

(i) 8,750 Pref. and 1,62,000 No. of Equity share to Foreign

Collaborators; (ii) 10,000 No. of Equity shares to Company's employees;

(iii) 8,750 Pref. and 1,10,500 No. of Equity shares to the public.

1,75,000 Bonus Equity shares issued in prop. 1:3.

7,00,000 Bonus Equity shares issued in prop. 1:1.

A new agrochemicals plant was set up at the Company's factory on the

Thane-Belapur road to manufacture 200 TPA of, `Basatin', 135 TPA of

`Bavistin' and SOTPA of `Calixin'.

Other ongoing projects include installation of a spray dryer at

Bokaro, a new dryer at Bokaro, a new dryer for synthetic tanning agents

at Thane and development of raw materials required for pesticides

production leading to backward integration.

Issued 7,20,000 Rights Equity shares issued to BASF Ag., 7,00,000

shares to Indian shareholders in the prop. 1:1. and 20,000 shares to

the employees.

14,20,000 bonus equity shares were issued in proportion 1:2.

A new fungicide, calixin, found its application in tea plantations to

control the wide spread blister blight disease.

9.5% Pref. shares redeemed on 1st February, 1990.

A new product `Ankush' was introduced during the year.

21,30,000 bonus equity shares issued in prop. 1:2 in Jan. 1991.

The Company issued by private placement 3,00,000 - 14%

non-convertible debentures of Rs 100 each. These debentures are

redeemable at 5% premium on 10th April, 1988.

The plastics and fibre intermediates and leather chemicals business

as well as agrochemicals and colours and dispersion business rendered

significant increase in sales and profits.

31,95,000 bonus share issued in prop. 1:2.

The Company issued by private placement 1,50,000 - 15%

non-convertible debentures of Rs 100 each. These debentures are

redeemable at a premium of 5% on 13th March.

19,17,000 rights equity shares were issued in the ratio of 1:5.

2168 shares kept in abeyance issue.

A capital expenditure of Rs 140 million was incurred at Thane towards

plant modernization, expansion and augmentation of infrastructure

facilities. A range of eco-friendly Helizarin pigment products were

introduced.

The Company made a rights issue of 46,00,800 No. of equity shares at

a premium of Rs 115 per share in the ratio of 2:5. Of which 250 shares

whose ownership was a matter of dispute was kept in abeyance based on

court orders.

The performance of the plastics business was adversely affected due

to cheap imports and depressed market conditions.

This aggregated to Rs.57.51 crore in the ratio of two equity shares

for every five held in the company.

In 1994, BASF was given permission to set up a 100 per cent

subsidiary in India. The company is a 50% subsidiary of BASF, Germany.

In October, the company closed its Bokaro facilities manufacturing

tanning agents and leather chemicals. A voluntary retirement scheme

also helped in the cost reduction.

BASF has set up two plants at Mangalore to manufacture leather

chemicals and auxiliaries, specialised metal complex dyes, acrylic

polymers, oil and well chemicals. These units have added a capacity of

9900 mt to the 18,800 mt capacity of the company's Thane and Bokaro

units.

The company has five divisions -- leather chemicals, colours

dispersions, chemicals, plastics and crop protection chemicals.

BASF has reached a basic agreement to acquire the global coil

coatings business of Norsk Hydro ASA, Norway (comprising the Hydro

Coatings Group UK), subject to approvals by the regulatory authorities.

The company has entered into a tripartite agreement with CDSL and its

R&T agents, Tata Consultancy Services on November 16 to facilitate

investors to avail the services of both the depositories, i.e., NSDL

and CDSL

The Company's Mangalore unit has been awarded the ISO 9002 (1994) for

manufacture and supply of dyes and dispersions in August.

BASF Aktiengesellschaft, Ludwingshafen, Germany, parent company of

BASF India Ltd and the Chatterjee Group, New York, have formed a

strategic alliance to manufacture and sell polystyrene in India.

BASF India's parent company -- BASF AG -- has divested its textile

dyes operations to Dystar Gmbh with effect from October 1, 2000.

BASF India Ltd has informed that it has appointed Mr. S.Kuamarasamy,

Chief Executive, Crop Protection as an Alternate Director to Dr.

W.Praetorius with effect from January 18, 2002.

United Phosphorus Ltd enters into an agreement with M/s BASF whereby the business of Aciflorfen compound will be acquired by United Phosphorus

BASF India Ltd. approves the acquisition of Fipronil activities and assets from Bayer India Ltd.

Registered Office of the Company has been shifted from Mahindra Towers, 1st Floor, 'A' Wing, Dr. G. M. Bhosale Marg, Worli, Mumbai 400018 to 1st Floor, Vibgyor Towers, Plot No.C-62, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051.

Registered Office of the Company has been shifted from Mahindra Towers, 1st Floor, 'A' Wing, Dr. G. M. Bhosale Marg, Worli, Mumbai 400018 to 1st Floor, Vibgyor Towers, Plot No.C-62, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051,

Mr. Pradeep Chandan is appointed as a Company Secretary and Compliance Officer of the Company with effect from April 02, 2010.

BASF legal entities in India - BASF Coatings (India) Private Limited, BASF Construction Chemicals (India) Private Limited and BASF Polyurethanes India Limited

BASF’s Mangalore Site wins two Awards from Government of Karnataka

BASF launches major Water Education” project in Mangalore

BASF wins "Social Business Company" Award at CSR Thought Leadership Conclave

BASF’s Mangalore site wins Safe Industry Award” from Government of Karnataka

BASF launches Disability Resource Centre in Cuddalore Tamil Nadu

Board recommended a dividend of Rs. 4/- per equity share of Rs. 10/- each (i.e. 40%).

BASF launches new brand for the construction industry

BASF India Lt - Inauguration or Commencement of commercial production at Company’s new site at Dahej, Gujarat

BASF India starts production at new Dahej unit

BASF opens Global Research and Development center in Mumbai India

BASF India Ltd Registered Office of the Company has been shifted from 1st Floor, VIBGYOR Towers, Plot No.C-62, ‘G’ Block, Bandra Kurla Complex, Mumbai - 400051 to 3rd Floor, VIBGYOR Towers, Plot No.C-62, ‘G’ Block, Bandra Kurla Complex, Mumbai - 400098 with effect from March 01, 2015.

BASF India Ltd inaugurated the new Agricultural Research Station in Pune

Setting up of new Global Business Unit for all pigments businesses

BASF is strengthening its global production network for pigments with two new investments

BASF presents its new Inspirations for Leather"

World's first top mount with polyurethane bearing and polyamide housing

The Company has been shifted from "3rd Floor, VIBGYOR Towers, Plot No.C-62, ‘G’ Block, Bandra Kurla Complex, Mumbai 400098" to "Plot No. 37, Chandlvali Farm Road, Chandivali, Andheri (East), Mumbai - 400 072", with effect from April 01, 2016.

BASF inaugurates new plant in West Bengal

BASF India Ltd. enters India Crop protection market for Rice.

BASF india supports farmer safety with new Sanrakshan (protection) Kit

BASF india helps Indian farmers protect crops and increase yields

BASF’s light stabilizeri ncreases durability of non-woven fabric used in the agricultural sector of India

Over 1,000 Indian Farmers Successfully Complete the World’s First Sustainable Castor Bean Program

BASF wins awards from Indian Chemical Council for Environment, Health and Safety standards

BASF presents innovative pre-emergent herbicide Zidua® to fight resistant Phalaris weed in wheat

BASF and Navi Mumbai Municipal Corporation help improve sanitation facility for local community

BASF india help Indian farmers to grow high-quality grapes free from disease

BASF helps Indian apple farmers to grow disease-free quality apples

BASF India Limited has acquired Solvay's polyamide business

BASF India Ltd Absorption of BASF Performance Polyamides India Pvt Ltd ('BASF Performance Polyamides')

BASF launches first biomass balance automotive coatings in China.

BASF launches Chemetall Innovation and Technology Center for surface treatment solutions in China.

BASF announces an innovation partnership with start-up Ingredi, China, including a strategic equity investment.

BASF has started producing fuel performance additives at its Pudong site in Shanghai, China.

BASF inaugurates new production site in Singapore to supply farmers in APAC with innovative crop protection solutions.

BASF collaborates with the Pune Knowledge Cluster to launch WEnyan: a research scholarship program driven by Women for Women.