Acquisitions12 Nov 2025, 12:06 pm
HSBC Securities Submits Pre-offer Advertisement for Johnson Controls-Hitachi Air Conditioning India's Open Offer
AI Summary
HSBC Securities and Capital Markets (India) Pvt Ltd, as the Manager to the Open Offer, has submitted a Pre-offer Advertisement to the BSE. The open offer is for the acquisition of up to 70,00,355 fully paid-up equity shares of Johnson Controls-Hitachi Air Conditioning India Ltd, representing up to 25.75% of the company's share capital. This offer is made by Robert Bosch GmbH along with Bosch Global Software Technologies Private Limited, who are acting in concert with the Acquirer. The Pre-offer Advertisement cum Corrigendum was published on November 12, 2025, in various newspapers including Financial Express (All), Financial Express (Guj), Jansatta (All), Navshakti Marathi, and Mumbai.
Key Highlights
- HSBC Securities and Capital Markets (India) Pvt Ltd has submitted a Pre-offer Advertisement for Johnson Controls-Hitachi Air Conditioning India Ltd's open offer.
- The open offer is for the acquisition of up to 70,00,355 equity shares, representing 25.75% of the company's share capital.
- The offer is made by Robert Bosch GmbH and Bosch Global Software Technologies Private Limited, who are acting in concert with the Acquirer.
- The Pre-offer Advertisement cum Corrigendum was published on November 12, 2025, in various newspapers.
- This development follows the previous submission of the Letter of Offer dated November 3, 2025.