Board Meeting20 May 2026, 06:31 pm
Bosch: Final Dividend ₹270/Share; JV with Wheels India & Brakes India
AI Summary
Bosch Ltd's board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹270 per equity share. They also approved a joint venture with Wheels India Limited and Brakes India Private Limited for commercial vehicle air system solutions. Dr. Pawan Kumar Goenka's tenure as an Independent Director concluded, and Mr. Ramesh Ramadurai was appointed as an Additional Director and Non-Executive Independent Director. The 74th Annual General Meeting is scheduled for August 11, 2026.
Key Highlights
- Bosch recommends a final dividend of ₹270 per share, payable after August 14, 2026, if approved.
- Board approves Joint Venture with Wheels India & Brakes India for CV air systems.
- Dr. Pawan Kumar Goenka concludes his term as Independent Director on May 20, 2026.
- Mr. Ramesh Ramadurai appointed as Additional Director and Non-Executive Independent Director effective May 21, 2026.
- 74th Annual General Meeting to be held on August 11, 2026.
Price Impact
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