Wednesday, August 12, 2026

Bosch Global Software Technologies to divest 7.97 percent stake in Bosch Home Comfort India via OFS at discount floor price

Date:

Bosch Global Software Technologies is likely to divest its stake in Bosch Home Comfort India Ltd(earlier known as Johnson Controls-Hitachi Air Conditioning India) through an Offer for Sale (OFS).The company will sell up to 7.97% stake, equivalent to 21.7 lakh shares, in Bosch Home Comfort. The total offer size includes a green shoe option of 0.75%. The OFS floor price has been set at ₹1,150 per share, representing a 10% discount to the current market price (CMP).

Back in March, Bosch Home Comfort India had informed stock exchanges of a force majeure situation, citing disruptions in gas supply caused by the ongoing war in the Middle East. In a regulatory filing, the company said maritime navigation across the region has been constrained due to the conflict, affecting the continuous supply of gas.
Also Read: CNBC-TV18 newsbreak confirmed: Govt plans to mop up over ₹5,000 crore via Coal India OFS
Bosch Home Comfort said it had also taken note of the Ministry of Petroleum and Natural Gas order dated March 9, 2026, which identified priority sectors for the distribution of natural gas following supply disruptions.“Due to the ongoing war situation in Asia’s Middle East Region, the maritime navigation has been constrained, which has restricted the continuous supply of Gas across the region,” the company said.

The company added that communication from gas suppliers indicates that supplies may be affected, which could have a temporary and partial impact on production output.

Also Read: GIC OFS opens for retail investors today — All you need to know

Bosch Home Comfort said the exact impact of the shortage cannot be quantified at present, adding that it is actively monitoring the situation and will update exchanges on any material developments.

Shares of Bosch Home Comfort India Ltd ended at ₹1,284.70, down by ₹65.30, or 4.84%, on the BSE.

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