24 Jul, EOD - Indian

SENSEX 80148.88 (-0.35)

Nifty 50 24413.5 (-0.27)

Nifty Bank 51317 (-0.89)

Nifty IT 40115.05 (0.18)

Nifty Midcap 100 56872.75 (1.04)

Nifty Next 50 71844.65 (0.30)

Nifty Pharma 20908.5 (0.74)

Nifty Smallcap 100 18723.5 (1.76)

24 Jul, EOD - Global

NIKKEI 225 39154.85 (-1.11)

HANG SENG 17311.05 (-0.91)

DOW JONES 39853.87 (-1.25)

S&P 5427.13 (-2.31)

Login/Signup

Corporate News

You are Here : Home > News > Corporate News >

(12 Feb 2024, 16:29)

Board of BASF India approves transfer of coatings business to BASF India Coatings

At meeting held on 12 February 2024

The Board of BASF India at its meeting held on 12 February 2024 has approved the transfer of Company's Coatings business to BASF India Coatings, 100% wholly owned subsidiary, on slump sale and at arm's length basis for a consideration of Rs. 182 crore.

The consideration will be payable by BASF India Coatings, 100% wholly owned subsidiary, in the form of equity shares issued in favour of BASF India, at the time of closing of the transaction, expected by the end of calendar year 2024.

More News
More Company News View Company Information