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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)