BASF India has obtained preliminary approval to separate its agricultural solutions division into an independent listed entity. This strategic move aims to enhance operational efficiency, adopt distinct management approaches, and unlock value.

For the financial year ending March 31, 2024, the agricultural solutions segment contributed Rs 2006.46 crore in revenue, accounting for 14.57% of the company’s total income. The decision was approved by the Board of Directors during their meeting on December 19, 2024.

Founded in 1943, BASF India is a key player in the chemical industry.