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Bonus6 Nov 2026, 02:49 pm

Bosch Ltd Board Recommends 3:1 Bonus Issue

AI Summary

Bosch Limited's Board of Directors, in a meeting held on November 6, 2026, has recommended a bonus equity share issue in the ratio of 3:1. This means 3 bonus shares of Rs. 2 each for every 1 existing equity share of Rs. 2 each. This corporate action, along with a sub-division of equity shares (1 share of Rs. 10 into 5 shares of Rs. 2) and an increase in authorized share capital, is subject to shareholder approval via postal ballot. The company also approved its unaudited financial results for the quarter and half-year ended September 30, 2026, which received an unmodified audit opinion. Revisions to material related party transactions with Robert Bosch GmbH and Bosch Automotive Electronics India Private Limited were also approved.

Key Highlights

  • Board recommends a 3:1 bonus share issue.
  • Equity shares to be sub-divided from Rs. 10 to Rs. 2 face value.
  • Unaudited financial results for Q2 FY27 declared with unmodified opinion.
  • Increase in authorized share capital approved.
  • Shareholder approval required for bonus, split, and capital changes.