Johnson Controls - Hitachi Air Conditioning India Limited — Others, 01-08-2025: Disclosure under SEBI Takeover Regulations

Robert Bosch GmbH has indirectly acquired a 74.25% stake in Johnson Controls-Hitachi Air Conditioning India Limited. This follows the acquisition of Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd. for US$ 3.375 billion, which holds the significant stake in the Indian entity. This change in control has triggered an open offer, where Robert Bosch GmbH will acquire up to an additional 25.75% of the company's equity shares from public shareholders. This development signals a significant ownership change, potentially impacting the future strategic direction for the company.