Board Meeting6 Nov 2026, 02:36 pm
Bosch Ltd Board Approves Unaudited Results, Bonus Issue, Stock Split
AI Summary
Bosch Limited's Board of Directors, in a meeting held on November 6, 2026, approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, with an unmodified audit opinion. The board also approved the commission payable to Non-Executive Directors and revised material related party transactions with Robert Bosch GmbH and Bosch Automotive Electronics India Private Limited. Key corporate actions approved, subject to shareholder approval via postal ballot, include an amendment to the Memorandum of Association to increase authorized share capital, a sub-division of equity shares (1:5), and a bonus equity share issue in the ratio of 3:1.
Key Highlights
- Board approved unaudited financial results for Q2 FY27 and H1 FY27.
- Auditors issued an unmodified opinion on the financial results.
- Proposed stock split: 1 equity share of Rs. 10 into 5 equity shares of Rs. 2.
- Proposed bonus issue: 3 bonus equity shares of Rs. 2 for every 1 equity share of Rs. 2.
- Shareholder approval sought for capital increase, stock split, and bonus issue.
Price Impact
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