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BASF India Ltd

NSE: BASF BSE: 500042

₹3633.40

(-0.55%)

Thu, 19 Feb 2026, 05:56 am

Company History

1943

  • Incorporated as R.A. Cole Ltd in May.
  • Allotted 70 Rs 100 equity shares to R.A. Cole.
  • Manufactures Styropor, Thermocole, Basyntan.

1963

  • Name changed to Indoplast Ltd.

1967

  • Name changed to BASF India Ltd; technical collaboration with BASF West Germany.
  • Agreement with NRDC for synthetic tanning know-how.
  • Subdivided Rs 100 equity shares into Rs 10 on December 26.
  • Issued 100,000 bonus shares in February.

1968

  • Issued 17,500 preference and 300,000 equity shares at par to collaborators, employees, public.

1976

  • Issued 175,000 bonus equity shares 1:3 ratio.

1979

  • Issued 700,000 bonus equity shares 1:1 ratio.

1980

  • Established agrochemicals plant at Thane-Belapur for Basatin 200 TPA, Bavistin 135 TPA, Calixin 50 TPA.
  • Projects: Bokaro spray/new dryers, Thane tanning dryer, pesticides backward integration.

1982

  • Issued 720,000 rights equity shares to BASF AG, Indian shareholders 1:1, employees.

1988

  • Issued 1,420,000 bonus equity shares 1:2 ratio.

1989

  • Calixin fungicide used in tea plantations for blister blight.
  • Redeemed 9.5% preference shares February 1, 1990.

1990

  • Introduced Ankush product.
  • Issued 2,130,000 bonus shares 1:2 ratio in January 1991.

1991

  • Issued 300,000 14% non-convertible debentures; redeemable April 10 at 5% premium.

1992

  • Increased sales and profits in plastics, fibre intermediates, leather chemicals, agrochemicals, colours.
  • Issued 3,195,000 bonus shares 1:2 ratio.

1993

  • Issued 150,000 15% non-convertible debentures; redeemable March 13 at 5% premium.

1994

  • Issued 1,917,000 rights equity shares 1:5 ratio.
  • BASF permitted 100% subsidiary in India.

1995

  • 2,168 shares held in abeyance.

1996

  • Rs 140 million capex at Thane for modernization; launched Helizarin pigments.
  • Rights issue of 4,600,800 equity shares at Rs 115 premium, 2:5 ratio.

1997

  • Closed Bokaro tanning and leather chemicals facilities; implemented VRS.
  • Plastics business impacted by imports and market conditions.

1998

  • Established two Mangalore plants adding 9900 mt capacity for leather chemicals, dyes, polymers.

1999

  • Operated divisions: leather chemicals, colours dispersions, chemicals, plastics, crop protection.
  • BASF agreed to acquire Norsk Hydro coil coatings business.
  • Entered tripartite agreement with CDSL and TCS for depositories.

2000

  • Mangalore unit awarded ISO 9002 certification.
  • BASF AG and Chatterjee Group formed polystyrene alliance in India.
  • BASF AG divested textile dyes to Dystar effective October 1.

2002

  • Appointed Mr. S. Kuamarasamy as Alternate Director effective January 18.

2003

  • United Phosphorus acquired Acifluorfen business from BASF.

2004

  • Approved acquisition of Fipronil activities from Bayer India Ltd.
  • Registered office shifted to 1st Floor, Vibgyor Towers, Bandra Kurla Complex, Mumbai.

2010

  • Mr. Pradeep Chandan appointed Company Secretary and Compliance Officer effective April 2.

2011

  • BASF India entities: BASF Coatings India Pvt Ltd, BASF Construction Chemicals India Pvt Ltd, BASF Polyurethanes India Ltd.
  • Mangalore site won two awards from Karnataka Government.
  • BASF launched Water Education project in Mangalore.
  • BASF won Social Business Company Award at CSR Conclave.

2012

  • Mangalore site won Safe Industry Award from Karnataka Government.
  • BASF launched Disability Resource Centre in Cuddalore, Tamil Nadu.

2013

  • Board recommended Rs 4 dividend per share (40%).
  • BASF launched new construction industry brand.

2014

  • Commercial production started at Dahej site, Gujarat.
  • BASF opened Global R&D center in Mumbai.

2015

  • Registered office shifted to 3rd Floor, VIBGYOR Towers, Bandra Kurla Complex, Mumbai effective March 1.
  • BASF India inaugurated Agricultural Research Station in Pune.
  • Established Global Business Unit for pigments.
  • Strengthened global pigments production network with new investments.
  • BASF presented Inspirations for Leather.
  • Introduced world's first top mount with polyurethane bearing and polyamide housing.

2016

  • Registered office shifted to Plot No. 37, Chandivali Farm Road, Chandivali, Andheri East, Mumbai effective April 1.
  • BASF inaugurated new plant in West Bengal.

2017

  • BASF India entered crop protection market for rice.

2018

  • BASF India launched Sanrakshan Kit for farmer safety.
  • BASF India supported crop protection and yield increase for farmers.
  • BASF light stabilizer enhanced non-woven fabric durability in Indian agriculture.
  • Over 1000 Indian farmers completed Sustainable Castor Bean Program.

2019

  • BASF won Indian Chemical Council awards for EHS standards.
  • BASF launched Zidua pre-emergent herbicide for wheat.
  • BASF and Navi Mumbai Municipal Corporation improved local sanitation.
  • BASF supported Indian farmers with disease-free grape production.

2020

  • BASF supported Indian apple farmers with disease-free apple production.
  • BASF India acquired Solvay's polyamide business.

2021

  • BASF India absorbed BASF Performance Polyamides India Pvt Ltd.

2022

  • BASF launched first biomass balance automotive coatings in China.
  • BASF launched Chemetall Innovation and Technology Center in China.
  • BASF announced partnership with Ingredi start-up in China with equity investment.
  • BASF started fuel performance additives production at Pudong site, Shanghai.
  • BASF inaugurated production site in Singapore for APAC crop protection.
  • BASF collaborated with Pune Knowledge Cluster on WEnyan scholarship program.

2023

  • BASF partnered with Oriental Yuhong for solar rooftop solutions in China.
  • BASF and NZRCC signed technology license for isononyl alcohol production.
  • BASF launched first biomass balance plastic additives.
  • BASF awarded Best Supplier by Sharp for second consecutive year.
  • BASF received 2022 Superior Environmental Activity Award from Toyota.

2024

  • BASF inaugurated second dispersions production line in Daya Bay, China.
  • BASF awarded Red Dot for automotive coating concept.
  • BASF India and NAAM Foundation completed Water Conservation Project in Hingoli benefiting over 5000 families.
  • BASF introduced Haptex 4.0 for sustainable synthetic leather.
  • BASF expanded e-coat manufacturing facility in Mangalore, India.

2025

  • BASF India launched agrochemical products Valexio and Mibelya.
  • BASF launched high-performance dispersant production line in Nanjing, China.
  • BASF Coatings launched automotive OEM coatings plant in Muenster, Germany.
  • BASF India partnered with Clean Max for hybrid solar and wind power at Gujarat plants.
  • BASF Coatings partnered with Xiaomi to co-create 100 car colors.

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