Bosch Ltd
NSE: BOSCHLTD BSE: 500530
₹36425
(-0.86%)
Thu, 05 Mar 2026, 08:50 am
Market Cap1074.43B
PE Ratio38.97
Dividend1.41
Company History
1951
- Incorporated on November 12 in Chennai.
- Main objects: manufacture spark plugs for petrol engines and fuel injection equipment for diesel engines in collaboration with Robert Bosch GmbH.
- Trademark established as MICO.
- Initial shares: A ordinary, B ordinary, preference.
1952
- Issued right shares in August.
1953
- Shifted to Bangalore on November 16.
- Issued right shares in August.
1955
- Issued right shares in November.
1959
- Issued 25,000 equity shares to Robert Bosch in March.
1962
- Issued 30,000 right equity shares in March in 1:5 proportion at Rs.10 premium.
1963
- Issued 45,000 bonus equity shares in January in 1:4 proportion.
1966
- Issued 45,000 right equity shares in February in 1:5 proportion at Rs.10 premium.
- Issued 90,000 bonus equity shares in September in 1:3 proportion.
- Issued 15,000 right equity shares in October in 1:24 proportion at Rs.10 premium.
1969
- Central Bank of India offered 2,000 equity shares for sale at Rs.70 premium for Mumbai Stock Exchange listing.
1973
- Issued 375,000 bonus equity shares in 1:1 proportion.
- Issued 95,588 equity shares at Rs.175: 48,000 to institutions for loan conversion, 47,588 rights in 3:20 proportion.
1976
- Issued 422,794 bonus shares in 1:2 proportion.
1980
- Received letter of intent for manufacturing capacity expansion.
1982
- Issued 634,191 bonus equity shares in 1:2 proportion.
1985
- Received letter of intent for auto electricals diversification and capital goods import approval.
1986
- Sales grew 7.3% amid recession; commercial vehicle and tractor production dropped.
- Issued 1,902,573 bonus equity shares in 1:1 proportion.
1987
- Added new machines at Bangalore and Nasik; installed on-line computer at Bangalore.
- Government approved capacity increase to 265,500 multicylinder pumps, 2,480,000 nozzle holders.
- Received letter of intent for 165,000 elements, 215,000 delivery valves for exports.
- Received letter of intent for 120,000,000 elements and delivery valves for spares.
1988
- Awarded Trading House status.
- Modernized telephone and telex equipment.
- Added Cold Start facility for -20°C engine testing.
- Appointed Bosch Global Development Centre for single cylinder pumps; developed new pump.
1989
- Single-cylinder pump market sluggish due to pig iron shortage and credit squeeze.
1991
- Received approvals to increase fuel injection equipment, spark plugs at Naganathapura, nozzles at Nasik production.
- Entered collaborations for fine honing and super finishing machines.
1992
- Introduced halogen bulbs, ignition coils, horns, voltage regulators, clutch plates, cover assemblies.
- Entered technical collaboration with Witzig and Frank Turnatic GmbH for mechanical machining.
- Entered agreement with Robert Bosch for bag form fill/seal machines; planned power tools.
- Awarded ISO 9001 by TUV Germany.
1993
- Introduced stop-and-tail lamps, fog lamps, horns.
- MICO Vocational Centre won Best Establishment Award for 12th time.
1994
- Motor Industries Software Services Ltd. and Motor Industries Trading Ltd. became subsidiaries on July 25.
1996
- Entered MoU with Government of Rajasthan for auto components facility near Jaipur.
- Dr. Wolfgang Hugo and Dr. Eberhard Baltin retired from Board on June 17.
- Dr. Hermann Eisele ceased as Chairman on June 18; Mr. Hubert Zimmerer elected Chairman.
1997
- Launched Blaupunkt car audio systems in June.
- Bangalore, Nashik, and Naganathapura plants awarded QS 9000 by TUV Essen.
- Redesignated Dr. H. Bertling as MD and J.L. Pasricha, D. Schalomon as JMDs from September 19.
1998
- Became market leader in Electrical Power Tools and accessories.
- Nashik plant apprentices won silver medals at Regional Skills competition.
1999
- Proposed revival of buyback for 200,000 equity shares at Rs.4,200 per share.
- Dr. H. Eisele retired from Board on June 24.
- Appointed Mr. Nobis as Joint Managing Director from December 17.
2000
- Appointed Andreas Nobis as Managing Director from July 1.
- Appointed M. Lakshminarayanan as Joint Managing Director from October 1.
- Approved buyback of up to 200,000 equity shares at maximum Rs.4,000 per share.
- Fixed buyback price at Rs.3,800 per share.
- Introduced five-day working week in Bangalore plant due to low demand.
2001
- Suspended work for five days from June 18 due to business slowdown.
2002
- Postponed Rs.250 crore investment due to Euro II norms delay.
- Completed buyback of 200,000 equity shares for Rs.50 crore.
- Launched first Bosch Car Services Workshop in Delhi.
- 5% workforce opted for voluntary retirement.
- Launched in-car multimedia systems, MP3 player, amplifiers, speakers, sub-woofers.
- Developed endurance testing equipment for Timken.
- Bangalore plant adopted 5-day working week.
2003
- Appointed Dr. Albert Hieronimus as Additional Director and Managing Director.
- Employees Association went on indefinite strike.
- Discontinued spark plug manufacturing at Naganathapura.
- Launched Network Video Solutions for surveillance.
2004
- Rolled out new surveillance system.
- Began assembling user-specific tools in Bangalore.
- Declared best stall at Bangalore's IT.Com.
2005
- Moved key product production to MICO plants.
- Launched 30 millionth PF pump.
- Formed joint venture with MANN+HUMMEL for filter production.
- Won Overdrive-Auto Monitor Auto Component Manufacturer of the Year.
2006
- Brought all new MICO products under Bosch brand.
- MICO-Bosch to provide CRDi systems to Suzuki.
- Planned CRDi launch in early 2007.
- Won NDTV Profit Car India Safety & Technology Award.
- Received EEPC Star Performer Award for exports.
2007
- Acquired additional 9.2% stake in Mico.
- Won CNBC-TV18 Autocar Auto Component Manufacturer of the Year.
- Won NDTV Profit Car & Bike Automotive Technology of the Year.
2008
- Changed name to Bosch Ltd.
- Won Business Standard Star MNC of the Year Award.
2009
- Won DHL-CNBC TV18 International Trade Award for auto component exports.
- Won UTVi Autocar Best Innovation of the Year with Mahindra & Mahindra for start/stop system.
2010
- Won NDTV Car & Bike Award for Automotive Technology of the Year for localizing ABS production.
2011
- Won Car & Bike Award.
2012
- Won Car & Bike Award.
2013
- Organized SAFETY DRIVE symposium with WABCO INDIA.
- Set up India’s first DIY Square in Bengaluru.
- Electrical Drives India inaugurated new plant in Chennai.
- Software Innovations introduced software suite in Asia-Pacific.
2014
- Launched Energy and Building Solutions business.
- Planned joint venture with Klenzaids for pharmaceutical sector.
- Received InterSolar award.
2015
- Inaugurated power tools plant at Oragadam near Chennai.
- Won InterSolar Award.
- Signed MoU with Indian Institute of Science, Bangalore.
- Inaugurated first office in Colombo, Sri Lanka.
- Facilities visited by PM Modi and Chancellor Merkel.
- Commissioned 12 MW solar project for Cochin International Airport.
- Completed acquisition of Siemens’s share in BSH.
2016
- Launched start-up accelerator program.
- Hosted state government delegates at Packaging Technology facility.
- Introduced mobility solutions for Indian market.
2017
- Introduced Heavy Duty Professional Power Tools.
- Invested in up-skilling India's human capital.
- Improved business continuity for start-up ecosystem.
- Developed smart air monitoring solution.
- Showcased road safety at SAFE ROADS India Summit.
- Advanced electromobility in India.
- Power Tools India first to file Bill of Entry post GST.
2018
- Strengthened smart solutions portfolio beyond mobility.
2019
- Continued investments in motorcycle and powersports technologies.
- Inaugurated expanded Bidadi plant.
- Opened new development center in Bangalore for skilling.
2020
- Revived Shyanumangala Lake in Bidadi.
- Inaugurated fully automated production lines for protective face masks.
2021
- Celebrated 100 years of Bosch Car Service.
- Certified as Great Place to Work.
- Enabled Mahindra XUV700 AdrenoX Connected Capabilities.
2022
- Inaugurated sales liaison office in Naxal, Nepal.
- Inaugurated first smart campus Spark.NXT in Bengaluru.
- Collaborated with Ultraviolette to launch India’s first electric two-wheeler with dual channel ABS.
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