Bosch Limited has received in-principle approval from the National Stock Exchange of India and BSE for the preferential allotment of 2,460 equity shares to promoters. The stock exchanges granted the approval on June 2, 2026, under Regulation 28(1) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The preferential issue involves equity shares with a face value of Rs 10 each. The allotment is being made to Bosch Limited's promoters on a preferential basis. NSE communicated the in-principle approval through letter reference NSE/LIST/54483, while BSE issued its approval under reference LOD/PREF/GB/FIP/314/2026-27.
The approval is subject to Bosch Limited fulfilling conditions including timely filing of the listing application after allotment and securing all necessary statutory approvals from SEBI, RBI, and the Ministry of Corporate Affairs. Bosch Limited must also submit documents as required by NSE and pay applicable fees.
NSE has directed Bosch Limited to strengthen internal controls to monitor trades executed by proposed allottees before the securities are allotted. Bosch Limited must obtain undertakings from allottees confirming they will not engage in intra-day trading or sell the shares until the allotment date.
NSE has reserved the right to withdraw the in-principle approval if the information submitted is found to be incomplete, incorrect, or misleading. The in-principle approval is limited to the SEBI LODR Regulations and does not constitute clearance under other acts or regulations.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.