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	<title>Ramesh Ramadurai | Business Upturn</title>
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	<title>Ramesh Ramadurai | Business Upturn</title>
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		<title>Bosch announces Rs 270 per share dividend for FY26 and new joint venture</title>
		<link>https://www.businessupturn.com/business/bosch-announces-rs-270-per-share-dividend-for-fy26-and-new-joint-venture/</link>
		
		<dc:creator><![CDATA[Yash Agarwal]]></dc:creator>
		<pubDate>Wed, 20 May 2026 12:26:19 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Bosch]]></category>
		<category><![CDATA[Brakes India]]></category>
		<category><![CDATA[Pawan Kumar Goenka]]></category>
		<category><![CDATA[Ramesh Ramadurai]]></category>
		<category><![CDATA[Wheels India]]></category>
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					<description><![CDATA[Bosch Limited declares a final dividend of ₹270 per share for FY26 and announces a new joint venture with Wheels India and Brakes India.]]></description>
										<content:encoded><![CDATA[&lt;p&gt;Bosch Limited has announced a final dividend of ₹270 per equity share for the financial year 2025-26, subject to shareholder approval. This follows the Board of Directors’ meeting held on May 20, 2026, where the audited financial results for the year ending March 31, 2026, were approved. The auditors provided an unmodified opinion on these results.&lt;/p&gt;
&lt;p&gt;The dividend, if approved at the upcoming Annual General Meeting (AGM) scheduled for August 11, 2026, will be paid on or after August 14, 2026. The dividend is lower than the previous year’s final dividend of ₹512 per share.&lt;/p&gt;
&lt;p&gt;In addition to the financial results and dividend announcement, &lt;a href=&quot;https://www.businessupturn.com/news/topic/bosch/&quot; rel=&quot;tag&quot;&gt;Bosch&lt;/a&gt;‘s Board approved a joint venture agreement with &lt;a href=&quot;https://www.businessupturn.com/news/topic/wheels-india/&quot; rel=&quot;tag&quot;&gt;Wheels India&lt;/a&gt; Limited and &lt;a href=&quot;https://www.businessupturn.com/news/topic/brakes-india/&quot; rel=&quot;tag&quot;&gt;Brakes India&lt;/a&gt; Private Limited. This joint venture aims to develop and produce solutions for the commercial vehicle air system segment. Bosch will hold a 50% stake in the new joint venture company, with the remaining 50% held by the two partner companies. The agreement is set to be executed on May 20, 2026.&lt;/p&gt;
&lt;p&gt;The Board also addressed changes in its directorship. Dr. &lt;a href=&quot;https://www.businessupturn.com/news/topic/pawan-kumar-goenka/&quot; rel=&quot;tag&quot;&gt;Pawan Kumar Goenka&lt;/a&gt; concluded his tenure as an Independent Director on May 20, 2026. The Board expressed appreciation for his contributions. Concurrently, Mr. &lt;a href=&quot;https://www.businessupturn.com/news/topic/ramesh-ramadurai/&quot; rel=&quot;tag&quot;&gt;Ramesh Ramadurai&lt;/a&gt; was appointed as an Additional Director and Non-Executive Independent Director for a five-year term, pending shareholder approval at the AGM.&lt;/p&gt;
&lt;p&gt;Furthermore, the Board approved the strike-off of Robert Bosch India Manufacturing and Technology Pvt Ltd, a non-material wholly-owned subsidiary.&lt;/p&gt;
&lt;p&gt;Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).&lt;/p&gt;
]]></content:encoded>
					
		
		
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