Bosch Ltd Board Approves Stock Split, Bonus Issue

Bosch announced that its Board of Directors has approved a stock-split, sub-dividing equity shares of face value INR 10 each into five equity shares of face value INR 2 each.

Following the sub-division, the board approved a bonus issue of three fully paid-up equity shares of INR 2 each for every one fully paid-up equity share held, utilizing retained earnings and increasing the authorized share capital.

The corporate actions, which effectively result in 20 shares for every original share held, are subject to necessary approvals from shareholders through a postal ballot.

Bosch reported a consolidated revenue from operations of INR 7,655 crores and a consolidated net profit of INR 840 crores for Q2 FY27.