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Bosch Ltd — Capital/Financing Update 2020
Mar 16, 2020
61019_rns_2020-03-16_ef22af3e-d25a-455a-a7ba-79289acb083f.pdf
Capital/Financing Update
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| **Sr. ** | No. | Particulars | Details | ||
|---|---|---|---|---|---|
| 1. | Name ofthe target entity, details in brief | Name: Robert Bosch Technology | |||
| such as size, turnover etc | Solutions Private Limited, | or any other | |||
| names as may be approved by Ministry | |||||
| of Corporate Affairs | |||||
| Proposed Authorized Capital: | |||||
| Rs. 1,00,000 (Rupees one lakh only) | |||||
| 2. | Whether the acquisition would fall within | The wholly owned subsidiary company | |||
| related party transaction(s) and whether | onceincorporated will | bea | related | ||
| thepromoter!promotergroup!group | party of the company. | ||||
| companies have any interest in the entity | |||||
| being acquired? If yes, nature of interest | Save and except what | is mentioned | |||
| and details thereof and whether the same | above, the Promoter! promoter group! | ||||
| is done at 'arm's length" | group companies are not interested in | ||||
| the transaction. | |||||
| 3. | Industry to which the entity being acquired | Automotive | |||
| belongs | |||||
| 4. | Objects and effects of acquisition (including | The proposed wholly owned subsidiary | |||
| but not limited to, disclosure of reasons for | company to be incorporated in India | ||||
| acquisition oftarget entity, if | shall carry out business | in the | field of | ||
| its businessis outside the mainline of | Automotive products. | ||||
| business ofthe listed entity) | |||||
| 5. | Briefdetailsofanygovernmentalor | Not Applicable | |||
| regulatory approvals required forthe | |||||
| acquisition | |||||
| 6. | Indicative time period for completion ofthe | Not Applicable | |||
| acquisition | |||||
| 7. | Nature of consideration- whether cash | 100% subscription to the | share capital | ||
| consideration or share swap and | in cash. | ||||
| details_of_the_same | |||||
| 8. | Cost of acquisition orthe price atwhich the | Not Applicable | |||
| shares_are_acquired | |||||
| 9. | Percentageofshareholding I control | 100% | |||
| acquired and!or numberofshares acquired | |||||
| 10. | Briefbackgroundabouttheentity | Not Applicable since the | company is | ||
| acquired in terms of products/line of | yet to be incorporated. | ||||
| business acquired, date of incorporation, | |||||
| history of last3 years turnover, country in | |||||
| which the acquired entity has presence and | |||||
| any other significant information (in | |||||
| brief) |
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