Bosch Fund Raise of ₹8.72 Cr
Bosch Ltd allotted 2,460 equity shares on a preferential basis to promoter entities for Rs. 8.72 Crore. This strengthens promoter holding and infuses capital into the company.
- Value
- ₹8.72 Cr
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Bosch Ltd allotted 2,460 equity shares on a preferential basis to promoter entities for Rs. 8.72 Crore. This strengthens promoter holding and infuses capital into the company.
Bosch Limited allotted 2,460 equity shares on a preferential basis to two investors. This increases the company's total paid-up share capital to 29,496,100 shares.
Bosch Limited received in-principle approval for a ₹8.66 Crore preferential allotment to promoters. The issue involving 2,460 shares strengthens promoter holding via a share swap.
Bosch Limited has approved a preferential issue of 2,460 equity shares at a price of ₹35,200 per share, totalling approximately ₹8.66 Crore. The shares will be allotted to Robert Bosch LLC and Robert Bosch Investment Nederland B V, slightly increasing the company's paid-up capital.