BASF raises Buy-Back price to Rs 300 per share for 6.3 mn shares

BASF India Ltd is going to acquire upto 6,289,591 full paid-up Equity Shares, constituting 22.31% of the Voting Capital of BASE India Ltd at a price of Rs 300 (the "Revised Office Price) per Equity Sharein accordance with Regulation 26 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. The decision was taken by Committee of Directors of BASF SE and later it has been informed to BSE. Earlier, the company offered Rs. 274 per Equity Share. BASF SE would pay such Revised Offer Price for all the Equity Shares validly tendered any time during the Offer period and accepted under the Offer.