Bajaj Allianz Life Insurance acquired a new position in BASF India Limited, buying 434,086 shares worth ₹158.98 crore, representing a 1.00% stake.
A leading chemical manufacturer in India, BASF India Limited operates across six core business segments including Agricultural Solutions, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Chemicals. The company serves diverse industries such as agriculture, automotive, construction, and consumer goods through innovative chemical products and specialized solutions. As part of the global BASF Group, it combines international technical expertise with deep local market understanding to deliver comprehensive offerings across its entire portfolio.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.
