Bosch Limited has issued a comprehensive postal ballot notice following its Board of Directors meeting held on April 8, 2026. The company is seeking shareholder approval for a significant material related party transaction worth ₹9,068.68 crores involving the acquisition of Bosch Chassis Systems India Private Limited (RBIC) shares and a corresponding preferential equity share allotment.

Postal Ballot Schedule and Process

The company has established a detailed timeline for the postal ballot process, with members whose names appear in the Register of Members as on the cut-off date being eligible for e-voting.

Material Related Party Transaction Details

The primary resolution involves approving a material related party transaction for investing in the equity share capital of Bosch Chassis Systems India Private Limited. The transaction represents a strategic acquisition valued at ₹9,068.68 crores.

The acquisition involves purchasing equity shares from existing shareholders of RBIC, with the consideration being discharged through a combination of cash and share swap arrangements.

Preferential Allotment Structure

As part of the transaction consideration, the company proposes to issue 2,460 equity shares through preferential allotment to promoter group entities.

The preferential allotment will be made to Robert Bosch Investment Nederland B.V. (1,230 shares) and Robert Bosch LLC (1,230 shares), both classified as promoter group entities.

Regulatory Compliance and Approvals

The proposed transactions require comprehensive regulatory approvals and compliance with multiple frameworks including the Companies Act 2013, SEBI LODR Regulations, and SEBI ICDR Regulations 2018. The company has obtained independent valuation reports from PwC Business Consulting Services LLP and a fairness opinion from ICICI Securities Limited to ensure arm's length pricing.

Financial Impact and Strategic Rationale

The material RPT represents 50.14% of the company's annual consolidated turnover for the immediately preceding financial year. RBIC, the target company, reported a turnover of ₹3,935.90 crores and profit after tax of ₹545.66 crores in the previous financial year, with a net worth of ₹1,410 crores.

The transaction is expected to strengthen the company's position in the chassis and braking systems segment, with RBIC being engaged in the design, development, manufacture, and sale of chassis and braking systems for the automotive industry.

Bosch Limited has announced a Board of Directors meeting scheduled for May 20, 2026, to review and approve key financial matters for the financial year ending March 31, 2026. The company informed stock exchanges about this development through a regulatory filing dated March 25, 2026.

Board Meeting Agenda

The Board meeting will address several important matters for the company's stakeholders:

Trading Window Restrictions

In compliance with insider trading regulations, Bosch Limited has announced specific trading restrictions. The company has implemented a trading window closure under the Code of Conduct to Regulate, Monitor and Report Trading by Insiders, framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Regulatory Compliance

The announcement was made in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled Board meeting and trading window closure.

The communication was signed by V. Srinivasan, Company Secretary & Compliance Officer, and digitally authenticated on March 25, 2026. This regulatory filing ensures transparency and compliance with stock exchange requirements for listed companies in India.