business / news / / CNBC TV18
Bosch Chassis Systems India represents the Vehicle Motion division of the Bosch Group in India and is a market leader in automotive safety systems.
Bosch Ltd. will acquire 100% of Bosch Chassis Systems India for up to ₹9,068.68 crore.
KEY POINTS
- The acquisition involves a share purchase agreement with Robert Bosch Investment Nederland BV and Robert Bosch LLC.
- Bosch Chassis Systems India will remain an independent entity but be governed by Bosch Ltd.
- Bosch Ltd. will issue 1,230 equity shares at ₹35,200 each to promoter group entities as part of the deal.
- The acquisition enables Bosch Ltd. to shift from component supply to integrated mobility platform solutions.
COMPANIES
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