Bosch Home Comfort India Limited shareholders have approved the appointment of Mr. Marcel Heese and Mr. Rishi Mehta as Directors, alongside the re-appointment of Mr. Sanjay Sudhakaran as Managing Director. The postal ballot, conducted from May 21, 2026, to June 19, 2026, also sanctioned the appointment of Mr. Rishi Mehta as Executive Director-Finance and CFO. These governance changes are effective from various dates in 2026, extending Mr. Sudhakaran's tenure until June 30, 2029, and Mr. Mehta's CFO tenure until September 30, 2028.

The voting process was managed entirely through remote e-voting, adhering to Ministry of Corporate Affairs circulars, with no physical ballot papers dispatched. A total of 112 members participated, representing 2,07,37,565 equity shares, which constitutes 76.27% of the total paid-up equity capital. The scrutinizer's report confirms that all four resolutions received the requisite majority.

Mr. Marcel Heese was appointed as a Director effective May 19, 2026, while Mr. Rishi Mehta's appointment as a Director is effective April 1, 2026. The re-appointment of Mr. Sanjay Sudhakaran as Managing Director covers the period from July 1, 2026, to June 30, 2029. Mr. Rishi Mehta's role as Executive Director-Finance and CFO is valid from April 1, 2026, to September 30, 2028.

The detailed voting results indicate strong shareholder support for the management's proposals. The resolutions were passed with margins ranging from 99.37% to 99.96% of the votes polled. The specific breakdown of votes for each resolution is outlined in the table below.

The company submitted the scrutinizer's report to the exchanges pursuant to Regulation 44(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The report was verified by Tejal Shah and Associates, Practising Company Secretaries, who oversaw the e-voting process conducted via Central Depository Services (India) Limited.

Bosch Global Software Technologies Private Limited has exercised the oversubscription option for the offer for sale (OFS) of Bosch Home Comfort India Ltd , increasing the total offer size to 2,166,628 equity shares, representing a 7.97% stake in the company. The promoter had initially proposed a base offer size of 1,963,994 equity shares, representing 7.22% of the total paid-up equity share capital, with an option to additionally sell up to 202,634 equity shares. The decision to exercise this option brings the total number of offer shares to 2,166,628.

The OFS is being conducted through a separate window on BSE Limited and the National Stock Exchange of India Limited. The floor price for the transaction is set at ₹1150 per equity share. The offer is scheduled over two trading days: non-retail investors could place bids on Thursday, June 18, 2026, while retail investors and non-retail investors carrying forward un-allotted bids were eligible to participate on Friday, June 19, 2026. Trading hours for both days were from 9:15 a.m. to 3:30 p.m. IST.

HSBC Securities and Capital Markets (India) Private Limited is acting as the sole broker for the seller. The allocation methodology follows price priority at multiple clearing prices. A minimum of 25% of the offer shares is reserved for mutual funds and insurance companies, while a minimum of 10% is reserved for retail investors. No retail discount is applicable for this offer.

Updated Offer Details

The following table summarises the key parameters of the OFS following the exercise of the oversubscription option:

Offer Conditions and Settlement

The offer is subject to specific conditions for participation and cancellation. The seller reserves the right to withdraw the offer before the opening on T day or cancel it if sufficient demand is not received from non-retail investors at or above the floor price. In the event of a withdrawal, a cooling-off period of 10 trading days will apply before another offer can be made. Settlement for bids received from the non-retail category with 100% upfront payment will occur on T+1 day, while bids received on T+1 day from retail investors will follow normal secondary market transaction rules. The offer is being undertaken in accordance with SEBI's comprehensive guidelines on offers for sale through the stock exchange mechanism.