Date: June 03, 2026

Board Meeting Outcomes

Bosch Limited received in-principle approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for a preferential issue of equity shares to promoters.

Fundraising / Financing

  • Issue of 2,460 equity shares of face value ₹10 each to promoters on a preferential basis
  • The issue is pursuant to a share swap arrangement
  • Price per share is not less than ₹35,200
  • NSE reference: Ref: NSE/LIST/54483 dated June 02, 2026
  • BSE reference: LOD/PREF/GB/FIP/314/2026-27

Regulatory Compliance Conditions

The in-principle approval is subject to several conditions:

  • Filing listing application immediately after allotment
  • Obtaining statutory approvals from SEBI, RBI, MCA, and other authorities
  • Compliance with all applicable guidelines, regulations, and directions
  • Adherence to SEBI (LODR) Regulations, 2015, Companies Act, and other applicable laws
  • Submission of required documents and payment of applicable fees

Internal Control Requirements

The exchanges specifically advised the company to strengthen internal controls to monitor trades by proposed allottees:

  • Company must obtain undertaking from allottees confirming they will not do intra-day trading in Bosch scrip
  • Allottees must not execute any sales in Bosch scrip until the allotment date
  • Responsibility for verification and compliance rests solely with the issuer company
  • Any non-compliance may impact the listing of such shares

Timeline and Process Requirements

  • Listing application must be made within 20 days from date of allotment as per SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023
  • Non-compliance with timeline will attract fines as specified in the SEBI circular

Reservations and Limitations

The exchanges reserve the right to withdraw in-principle approval if:

  • Submitted information is found incomplete, incorrect, misleading, or false
  • There is contravention of any Rules, Bye-laws, and Regulations
  • The approval does not constitute approval under any other Act/Regulation/rule/byelaws