The valuation of the merger has been done by CC Chokshi & Co and NM Raiji & Co. The share exchange ratio has been determined at 2 equity shares of BASF India of Rs 10, each fully paid-up for five equity shares of Cynamid Agro of Rs 10 each, fully paid up by the board of directors. Post-merger, the equity base would be Rs 28.189 crore.

BASF chairman & managing director Prasad Chandran had earlier stated that post-merger, BASF India will rank fourth amongst the MNCs in the crop protection sector, from the current rank of seventh. The company is also expected to retain the best of both companies' staff in the operations.

The two companies manufacture complementary products that will enhance market penetration through the larger distribution network, leading to higher market share. The merger is expected to lower the cost of production, because of the common services and thereby hiking the productivity. The company also foresees better export opportunities to diversify its network worldwide. BASF India is a 51 per cent subsidiary of BASF AG, the largest chemical company in Europe. BASF India is a conglomerate with a strong domestic market position in leather chemicals, auxiliaries, dispersions, crop protection chemicals and specialty plastics.