Bosch Limited’s Sub-Committee of the Board of Directors has approved the allotment of 2460 equity shares through preferential allotment. The shares are being issued to Robert Bosch Investment Nederland B.V and Robert Bosch LLC at a price of INR 35,200/- per share. This allotment, approved by shareholders and stock exchanges, increases the company’s total issued and paid-up share capital.
Key Board Decision on Equity Allotment
Bosch Limited announced today, June 10, 2026, that its Sub-Committee of the Board of Directors has approved the allotment of 2460 equity shares. These shares are to be issued via a preferential allotment to two entities: Robert Bosch Investment Nederland B.V and Robert Bosch LLC, with each entity receiving 1230 equity shares. This significant decision was empowered by the Board of Directors at their meeting on May 20, 2026.
Shareholder and Exchange Approvals
The preferential allotment has received prior approval from the shareholders of Bosch Limited through a postal ballot conducted on May 08, 2026. Furthermore, the stock exchanges provided their in-principle approval on June 02, 2026. The allotment is being made at a price of INR 35,200/- per Equity Share. This price includes a premium of INR 35,190/- per Equity Share, aligning with the provisions of Chapter V of SEBI (ICDR) Regulations, 2018.
Impact on Share Capital
Following this allotment, the total issued and paid-up share capital of Bosch Limited has been revised. The capital has increased from the existing Rs 29,49,36,400 (representing 2,94,93,640 equity shares of Rs. 10/- each) to Rs 29,49,61,000 (representing 2,94,96,100 equity shares of face value of Rs. 10/- each). The newly allotted equity shares will rank pari passu with the existing equity shares of the Company in all respects, including the entitlement to dividends.
Next Steps
Bosch Limited is undertaking necessary steps to file the corporate action with the depository. Additionally, applications will be filed for obtaining listing and trading approvals for the newly issued shares subsequent to their credit. The company will also make this intimation available on its official website, www.bosch.in. The Sub-Committee meeting commenced at 15:15 hrs. (IST) and concluded at 15.35 hrs. (IST) on the same day.
Source: BSE