BOSCH...BOSCH CorporateRelationshipDepartment BSELimited 1stFloor,NewTradingRing RotundaBuilding PhirozeJeejeebhoyTowers DalalStreet,Fort Mumbai-400001Scripcode:500530 ...

BOSCH

Corporate Relationship DepartmentBSE Limited1st Floor, New Trading RingRotunda BuildingPhiroze Jeejeebhoy TowersDalal Street, FortMumbai - 400 001Scrip code:500530

The ManagerListing DepartmentNational Stock Exchange of India Ltd.Exchange Plaza, C-i, Block GBandra-Kurla ComplexBandra (E)Mumbai - 400 051Scrip code: BOSCHLTD

Bosch LimitedPost Box No:3000Hosur Road, Adugodi

Bangalore-560030Karnataka, IndiaTel +91 80 67521750www.boschindia.com

L85110K41951PLC000761

16.03.2020

Dear Sir/Madam,

Sub: Intimation of proposed formation of a Wholly Owned Subsidiary Company

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 ("SEBI Listing Regulations"), We would like to inform that the Board of Directorsat their meeting held today, have approved incorporation of a wholly owned subsidiary of thecompany.

The incorporation of the wholly owned subsidiary will leverage the growth opportunities in theevolving mobility space and will help the Company in becoming more agile and customer-focused.

The details required under regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI CircularNo. CIR/CFD/CMD 1412015 dated September 9, 2015 are enclosed as Annexure A

This is for your information.

Thanking you,

Yours faithfully,for Bosch Limited,

(Raj Parte)Company Secretary & Compliance Officer

End: As above

Registered Office: Bosch Limited, Hosur Road, Bangalore -560030, Karnataka, IndiaManaging Director: Soumitra Bhattacharya, Joint Managing Director: Jan -Oliver Rohrl

0 BOSCH

Page 2 of 3

Annexure A

Sr. No. Particulars Details

1. Name of the target entity, details in brief Name: Robert Bosch Technologysuch as size, turnover etc Solutions Private Limited, or any other

names as may be approved by Ministryof Corporate Affairs

Proposed Authorized Capital:Rs. 1,00,000 (Rupees one lakh only)

2. Whether the acquisition would fall within The wholly owned subsidiary companyrelated party transaction(s) and whether once incorporated will be a relatedthe promoter! promoter group! group party of the company.companies have any interest in the entitybeing acquired? If yes, nature of interest Save and except what is mentionedand 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 subsidiarybut not limited to, disclosure of reasons for company to be incorporated in Indiaacquisition of target entity, if shall carry out business in the field ofits business is outside the main line of Automotive products.business of the listed entity)

_________

5. Brief details of any governmental or_____________________________________

Not Applicableregulatory approvals required for theacquisition

_________

6. Indicative time period for completion of the_____________________________________

Not Applicableacquisition

_____

7. Nature of consideration - whether cash_____________________________________

100% subscription to the share capitalconsideration or share swap and in cash.details_of_the_same

_________

8. Cost of acquisition or the price at which the__________________________________

Not Applicableshares_are_acquired

_________

9. Percentage of shareholding I control__________________________________

100%acquired and! or number of shares acquired

10. Brief background about the entity Not Applicable since the company isacquired in terms of products/line of yet to be incorporated.business acquired, date of incorporation,history of last 3 years turnover, country inwhich the acquired entity has presence andany other significant information (in

_________

brief)____________________________________