Bosch Limited has informed the Exchange regarding Appointment of Mr Ramesh Ramadurai as Non- Executive Independent Director of the company w.e.f. May 21, 2026.
BOSCHLTD · price
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Bosch Limited reported FY2025-26 standalone revenue of Rs 20,035 crore (up 10.8% YoY) with net profit of Rs 2,770 crore (up 37.6% YoY), including a Rs 556 crore gain from sale of its Video Solutions business. The Board recommended a final dividend of Rs 270 per share (down from Rs 512 previous year). Dr. Pawan Kumar Goenka completed his 5-year tenure as Independent Director on May 20, 2026. The Board appointed Mr. Ramesh Ramadurai (former Managing Director of 3M India with 30+ years of experience) as Non-Executive Independent Director for 5 years starting May 21, 2026. Additionally, Bosch approved a 50-50 joint venture with Wheels India and Brakes India for commercial vehicle air systems, and the strike-off of non-material subsidiary RBIM. The company also completed acquisition of Bosch Chassis Systems India (Rs 906.87 crore) in May 2026.
Strong financial performance with robust profit growth; the director appointment is routine board renewal with no governance concerns. JV formation expands CV air system presence while subsidiary cleanup streamlines operations.