Bosch Home Comfort India Limited has informed stock exchanges that the ongoing PNG supply restrictions do not pose any immediate material impact to its operations, following a comprehensive assessment of the situation.

Background of Supply Restrictions

The company had previously notified exchanges on 10th March, 2026 about potential impacts from gas supply disruptions. These restrictions emerged following the invocation of force majeure by gas suppliers and subsequent government orders limiting supply due to the ongoing war situation in Asia's Middle East Region.

Company's Assessment and Current Position

Following a detailed evaluation, Bosch Home Comfort India has determined that the restricted PNG supply does not create immediate operational challenges. The assessment reveals several key factors supporting business continuity:

Regulatory Compliance and Communication

The update was provided pursuant to Regulation 30 read with Para B(6) of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that no further disclosure will be required under these regulations, indicating confidence in its ability to manage the current supply situation.

Operational Resilience

The company's assessment demonstrates operational preparedness in managing supply chain disruptions. With adequate finished goods inventory maintained, Bosch Home Comfort India appears well-positioned to continue serving market demand despite the external supply constraints affecting the broader industry.

The communication was signed by Company Secretary Parag Dave on 1st April, 2026, providing formal closure to the regulatory disclosure process initiated in March regarding the PNG supply situation.

Bosch Home Comfort India Limited has announced a key leadership appointment, elevating its Chief Financial Officer to an executive director position. The board meeting held on March 24, 2026, approved the appointment of Mr. Rishi Mehta as Executive Director-Finance & CFO, marking a significant organizational development for the air conditioning company.

Board Decision and Appointment Details

The company's board of directors approved Mr. Mehta's appointment during their meeting on March 24, 2026, which commenced at 4:30 p.m. and concluded at 5:30 p.m. The decision was made based on the recommendation of the Nomination and Remuneration Committee.

Professional Background and Expertise

Mr. Rishi Mehta brings substantial experience to his expanded role, with over 20 years in finance functions across multiple industries. He is a Chartered Accountant with a Postgraduate degree in Commerce, specializing in strategic planning, problem solving, change management, and decision making.

His industry experience spans:

• Automotive sector
• Air conditioning industry
• Information Technology sector

Career Achievements and Recognition

Mr. Mehta's professional accomplishments include several notable recognitions and successful business turnarounds. He received the Chairman's Award at JCH for team recognition and the APAC Growth Board 'Lead Award' at Delphi for individual recognition. His operational expertise is demonstrated through successful turnarounds of four companies: Flextronics, Delphi, Adient, and JCH.

Leadership Experience and Global Exposure

Throughout his career, Mr. Mehta has held leadership positions at prominent organizations including JCI Automotive (now Adient), Delphi Automotive, and Flextronics. His responsibilities included heading finance business partnerships with full P&L accountability. He has successfully managed diverse cross-cultural teams in Southeast Asia and Malaysia, bringing valuable international experience to his role.

His expertise encompasses M&A activities, integration processes, turnaround management, financial modeling, and internal controls. Additionally, he has cross-cultural exposure through onboarding brand businesses in the MEA region and stabilizing finance operations in Southeast Asia.

Corporate Governance Compliance

The appointment follows proper corporate governance protocols, with Mr. Mehta confirmed as not being related to any directors or key managerial personnel of the company. He is not debarred from holding directorial positions by SEBI or any other regulatory authority, ensuring compliance with all statutory requirements.