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Bosch Ltd Major Shareholding Notification 2021
61019_rns_2021-03-02_2b1b1dd1-eab3-40da-928a-fddcc0414b4a.pdf
Major Shareholding Notification
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Robert Bosch Internationale Beteiligungen AG
Robert Bosch
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001
Email ID: [email protected]
Regulations, 2011 (Takeover Regulation):
National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G Bandra-Kurla Complex Bandra (E) Mumbai - 400 051 Email ID: [email protected]
Internationale Beteiligungen AC Luterbachstrasse 10 4528 Zuchwil Telefon (+41) 32 686-3010
Sub: Disclosure under Regulation 10(6) - Report to Stock Exchanges in 02. March 2021 respect of acquisition made in reliance upon exemption provided for in
Dear Sir/Madam
Bosch Limited (Target Company) is a Public Listed Company.
We hereby inform the Stock Exchanges that Robert Bosch Internationale Beteiligungen AG (Acquirer) (a wholly-owned of Robert Bosch GmbH) has acquired 67.76% of equity shares of the Target Company from Robert Bosch GmbH (Seller).
Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers)
Enclosed is the requisite disclosure under Regulation 10(6) of the Takeover Regulations.
Kindly acknowledge the receipt.
For Robert Bosch Internationale Beteiligungen AG
Benjamin Jäggi Director/ ≹uchwil, March 2nd 2021
Axel Merklin Legal representative Zuchwil, March 2nd 2021
Robert Bosch Internationale Beteiligungen AG
- March 2021 Seite 2 von 3
Disclosure under Regulation 10(6) - Report to Stock Exchanges in respect of acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) | Bosch Limited (Target Company) | |||
|---|---|---|---|---|---|
| 2. | Name of the acquirer(s) | Robert Bosch Internationale Beteiligungen AG (Acquirer) |
|||
| 3. | Name of the stock exchange where shares of the TC are listed |
BSE Limited & National Stock Exchange of India Limited |
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| 4. | Details of the transaction including rationale, if any, for the transfer/ acquisition of shares. |
Acquisition of 19,984,324 equity shares. The transaction was undertaken on account of Group Internal reorganisation for Strategic reasons |
|||
| 5. | Relevant regulation under which the acquirer is exempted from making open offer. |
Regulation $10(1)(a)(iii)$ | |||
| 6. | Whether disclosure of proposed $\blacksquare$ acquisition was required to be made under regulation 10 (5) and if so, Whether disclosure was made and whether it was made within the timeline specified under the regulations. Date of filing with the stock - exchange. |
Yes, disclosure under Regulation 10 (5) was required. Disclosure of proposed acquisition under Regulation 10 (5) was duly made to the Stock Exchanges within the timeline specified under the regulations. February 18, 2021 |
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| 7. | Details of acquisition | Disclosures required to be made under regulation 10(5) |
Whether the disclosures under regulation 10(5) are actually made |
||
| a. | Name of the transferor / seller | Robert Bosch GmbH | Yes | ||
| b. | Date of acquisition | February 24, 2021 | Yes | ||
| C. | Number of shares/voting rights in respect of the acquisitions from each person mentioned in 7(a) above |
19,984,324 | Yes | ||
| d. | Total shares proposed to be acquired/ actually acquired as a % of diluted share capital of TC |
67.76 | Yes |
- March 2021 Seite 3 von 3
| e. | Price at which shares are proposed to be acquired-/ actually acquired |
Rs.14742.60 Per Share(closing price on 23.02.2021) |
Yes | ||
|---|---|---|---|---|---|
| 8. | Shareholding details | Pre-Transaction | Post-Transaction | ||
| No. of shares held |
% w.r.t total share capital of ТC |
No. of shares held |
% w.r.t total share capital of ТC |
||
| a | Each Acquirer / Transferee (*) | Nil | Nil | 19,984,324 | 67.76 |
| b | Each Seller / Transferor | 19,984,324 | 67.76 | Nil | Nil |
Note:
(*) Shareholding of each entity shall be shown separately and then collectively in a group.
The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.
For Robert Bosch Internationale Beteiligungen AG
Benjamin Jäggi Director Zuchwil, March 2nd 2021
$\rho \rho a$ .
Axel Merklin Legal representative Zuchwil, March 2nd 2021