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Board Meeting20 May 2026, 06:21 pm

Bosch Board Recommends ₹270 Dividend; Goenka's Tenure Ends

AI Summary

The Board of Directors of Bosch Ltd, in its meeting on May 20, 2026, approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹270 per equity share. The board also approved the appointment of Mr. Ramesh Ramadurai as an Additional Director and Non-Executive Independent Director. Dr. Pawan Kumar Goenka concluded his tenure as an Independent Director. Additionally, the board approved a Joint Venture with Wheels India Limited and Brakes India Private Limited and the strike-off of Robert Bosch India Manufacturing and Technology Pvt ltd.

Key Highlights

  • Bosch recommends a final dividend of ₹270 per equity share, subject to shareholder approval.
  • Dr. Pawan Kumar Goenka's tenure as Independent Director concluded on May 20, 2026.
  • Mr. Ramesh Ramadurai appointed as Additional Director and Non-Executive Independent Director.
  • Board approves Joint Venture with Wheels India Limited and Brakes India Private Limited.
  • Approved strike-off of Robert Bosch India Manufacturing and Technology Pvt ltd.