Intimation under Regulation 44(3) of SEBI (LODR) Regulations, 2015 - Voting Results of Postal Ballot Notice
BOSCHLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bosch Limited conducted a postal ballot through remote e-voting, which concluded on May 8, 2026. Two resolutions were passed with overwhelming shareholder approval. Resolution 1 (Ordinary) approved a material related party transaction involving investment in Bosch Chassis Systems India Private Limited, with 99.99% votes in favor out of 6.03 million votes polled. Resolution 2 (Special) approved the issue of 1,230 equity shares on a preferential basis to Robert Bosch Investment Nederland B.V and Robert Bosch LLC (promoter group entities) for consideration other than cash, with 99.99% votes in favor out of 26.83 million votes polled. Promoter group did not vote on Resolution 1 due to their interest but participated fully in Resolution 2 voting. The scrutinizer, Prasanna Bedi of Bedi & Co, confirmed all voting was conducted fairly and transparently.
Both resolutions passed comfortably despite promoter interest disclosures. The preferential share issue to promoter entities strengthens parent company control. Shareholders should note the related party transaction was approved, which may have implications for关联交易 oversight going forward.