Johnson Controls-Hitachi Air Conditioning India Ltd

Bosch Home Comfort India Ltd (formerly Johnson Controls-Hitachi Air Conditioning India Limited) has announced its 41st Annual General Meeting (AGM) will be held on September 22, 2026, at 10:00 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, the re-appointment of a director retiring by rotation, and the approval of remuneration for the Cost Auditor and Secretarial Auditor for upcoming fiscal years. Additionally, the company plans to re-appoint its Statutory Auditors for a five-year term.

Bosch Home Comfort India Ltd (formerly Johnson Controls-Hitachi Airconditioning India Limited) has announced its Annual Report for the financial year 2025-26 and the Notice of its 41st Annual General Meeting (AGM). The AGM is scheduled to be held on September 22, 2026, at 10:00 a.m. via video conferencing. The report details the company's transition following Bosch Home Comfort Group's acquisition of 100% of the global Johnson Controls-Hitachi air conditioning joint venture, including the Indian entity. This strategic integration aims to leverage Bosch's global engineering capabilities and technology platforms to enhance its position in the HVAC segment, expand its heat-pump business, and contribute to energy efficiency.

Bosch Home Comfort India Ltd announced the re-appointment of M/s. S R B C & CO LLP as Statutory Auditors for a term of four years, from the conclusion of the 2026 AGM until the conclusion of the 2030 AGM. This re-appointment is subject to shareholder approval. The company also re-appointed M/s SPANJ & Associates as Secretarial Auditors for five years from April 1, 2026. The board meeting also approved the unaudited financial results for the quarter ended June 30, 2026, showing a profit after tax of ₹227.9 million. The Annual General Meeting is scheduled for September 22, 2026.

Bosch Home Comfort India Ltd announced the re-appointment of M/s SPANJ & Associates as Secretarial Auditors for a term of five years, effective from April 1, 2026. This decision was made during a Board meeting held on August 6, 2026. The company also approved the re-appointment of M/s. S R B C & CO LLP as Statutory Auditors for a four-year term. Unaudited financial results for the quarter ended June 30, 2026, and the limited review report were also presented. The Annual General Meeting is scheduled for September 22, 2026.

Bosch Home Comfort India (formerly Johnson Controls-Hitachi Air Conditioning) reported standalone revenue from operations of ₹1,095.5 Cr for Q1 FY27 (quarter ended June 30, 2026), up 28.5% YoY from ₹852.6 Cr and up 13.5% QoQ from ₹965.3 Cr — both Q1 and Q4 are the company's own-declared seasonal peak quarters, with AC demand concentrated in the first and last quarters of its fiscal year. Standalone PAT was ₹22.8 Cr, up 49.4% YoY from ₹15.2 Cr but down 44.2% QoQ from ₹40.9 Cr. The YoY jump is partly a base effect: Q1 FY26 carried a ₹3.3 Cr one-off severance charge that Q1 FY27 does not, so on an adjusted basis (stripping that charge from the year-ago quarter) PAT grew a more modest ~23% YoY, broadly tracking revenue growth — that adjusted figure, not the reported +49%, is the cleaner read of underlying momentum. The QoQ decline sits mostly on the cost-of-goods line rather than volumes. Cost of materials consumed was ₹580.3 Cr this quarter versus ₹584.3 Cr in Q4 FY26 (broadly flat), but the inventory-change line swung from a ₹55.5 Cr credit in Q4 FY26 to a ₹54.4 Cr charge in Q1 FY27 — a ~₹109.9 Cr adverse swing that is the single largest driver of the sequential profit drop. Q4 FY26 also carried a ₹2.8 Cr exceptional credit (reversal of an excess labour-code provision) that flattered that quarter's PBT, while Q1 FY27 has zero exceptional items — so the QoQ comparison sits against an inflated prior base on top of the inventory swing. Net profit margin was 2.08% versus 1.78% a year ago (modest YoY expansion) but versus 4.23% in Q4 FY26 (sharp QoQ compression). We found no analyst consensus estimates or a Q1 FY27 preview for this stock (thin street coverage for this small/mid-cap), so vsStreet is unknown; management has issued no formal guidance on record either, so beat/meet/miss framing does not apply. The quarter's other notable development was a stake sale: Bosch Global Software Technologies offloaded 7.70% of the company via OFS in June 2026 to meet minimum public shareholding norms, cutting promoter holding from 82.22% to 74.52% — a compliance-driven float event with no P&L impact. The company also re-appointed its statutory auditor (S R B C & CO LLP) and secretarial auditor, routine board business alongside the results; no press release or management commentary beyond the board-outcome letter accompanies this filing. Heading into Q2 FY27, a seasonally weaker quarter by the company's own disclosure, the read-through is whether the ~23% adjusted PAT growth pace holds without the seasonal tailwind, and whether the exceptional-item pattern seen in five of the last six quarters (severance, fire-related insurance settlement, labour-code impact, retention bonus) stays absent as it did this quarter.

Bosch Home Comfort India Ltd has announced that its Board of Directors will convene on August 6, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results for the first quarter ended June 30, 2026. This notification serves to inform stakeholders about the upcoming board meeting and its purpose.

SBI Mutual Fund, through its various schemes, has acquired 1,34,798 shares of Bosch Home Comfort India Ltd on June 23, 2026. This acquisition represents 0.4957% of the paid-up share capital. Following this, SBI Mutual Fund's total holding in the company increased to 13,99,003 shares, constituting 5.1451% of the paid-up share capital. The acquisition was made through market purchases. This disclosure is made as per Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Bosch Global Software Technologies Private Limited, a promoter of Bosch Home Comfort India Limited, has cumulatively sold 20,92,440 equity shares, representing 7.70% of the company's total paid-up equity share capital. The sale occurred on June 18 and June 19, 2026, through an Offer for Sale (OFS) mechanism in compliance with SEBI and stock exchange guidelines. Following this transaction, the promoter's shareholding in the company has reduced from 82.22% to 74.52%. This reduction helps the company achieve the minimum public shareholding requirements.

Bosch Global Software Technologies Private Limited, a promoter of Bosch Home Comfort India Ltd, has disclosed the sale of equity shares through an Offer for Sale (OFS) mechanism on BSE and NSE. The transactions, executed on June 18 and June 19, 2026, involved the sale of a total of 359,140 equity shares. The total proceeds from these sales amounted to approximately ₹288.56 crore. This disclosure is made in compliance with Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Bosch Global Software Technologies Private Limited has completed the sale of 2,092,440 equity shares, representing 7.70% of Bosch Home Comfort India Limited's total paid-up capital. The sale occurred on June 18-19, 2026, via a designated window on BSE Limited. A total of 1,949,964 shares were sold to non-retail investors and 142,476 shares to retail investors. This disclosure is made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with the seller being a promoter of the target company.