Bosch Ltd. to Acquire Bosch Chassis Systems India Private Limited for Rs. 9,068.68 Crores and Issue of Equity Shares on Preferential Basis

Bosch Ltd. has announced the acquisition of Bosch Chassis Systems India Private Limited from its existing shareholders Robert Bosch Investment Nederland B.V and Robert Bosch LLC, USA for a total consideration not exceeding Rs. 9,068.68 crores. The acquisition will be through a Share Purchase Agreement. Post-acquisition, Bosch Chassis Systems India Private Limited will become a Wholly owned subsidiary and also a material subsidiary of Bosch Ltd. Additionally, Bosch Ltd. will issue 1,230 Equity Shares each having a face value of Rs.10/- at a price of Rs. 35,200 (including premium of Rs. 35,190) on a preferential basis to Robert Bosch Investment Nederland B.V and Robert Bosch LLC, both categorized as Promoter Group. The proposed acquisition and issue of equity shares are subject to the approval of regulatory/statutory authorities and the approval of shareholders of the Company.