Board Meeting20 May 2026, 05:51 pm
Bosch: Final Dividend ₹270/Share; Ramesh Ramadurai Appointed
AI Summary
Bosch Ltd's board approved the audited financial results for FY26, recommending a final dividend of ₹270 per share. They also approved the appointment of Ramesh Ramadurai as an Additional Director and Non-Executive Independent Director. Dr. Pawan Kumar Goenka concluded his tenure as an Independent Director. The board approved a joint venture with Wheels India Limited and Brakes India Private Limited for commercial vehicle air system solutions and approved the strike-off of Robert Bosch India Manufacturing and Technology Pvt ltd.
Key Highlights
- Bosch recommends a final dividend of ₹270 per share, subject to shareholder approval.
- Ramesh Ramadurai appointed as Additional Director and Non-Executive Independent Director effective May 21, 2026.
- Dr. Pawan Kumar Goenka's tenure as Independent Director concluded on May 20, 2026.
- Joint Venture approved with Wheels India Limited and Brakes India Private Limited.
- Approved strike-off of Robert Bosch India Manufacturing and Technology Pvt ltd.
Price Impact
More from BOSCHLTD