The board of directors of BASF India Limited at its meeting held on February 12, 2024, approved the appointment of Mr. Marcelo R. Lu (DIN: 10462274) as the Non-Executive and Non-Independent Director of the Company, effective 12th February 2024, subject to the approval of the Shareholders of the Company. Further, the Board of Directors of the Company has also approved the appointment of Mr. Narendranath J. Baliga (DIN: 07005484) as an Alternate Director to Mr. Marcelo R. Lu, effective 12th February 2024. Mr. Narendranath J. Baliga, aged 56 years is a Chartered Accountant and a graduate in Business Management.
He joined BASF in 1994, and during his 3-decades long tenure with the Company, he has managed regional and global responsibilities in India, Singapore, China & Germany in the areas of Finance, Controlling, Supply Chain and Process & Enterprise Architecture. Mr. Narendranath J. Baliga is the Chief Financial Officer of the Company since January 1, 2015 and is also Vice President - Global Business Services.