Johnson Controls-Hitachi Air Conditioning files SEBI takeover disclosure for Bosch Home Comfort India

M&A / JV 1 Jul 2026 · Announced· ✓ Verified

Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd, the UK-based joint venture entity, submitted the mandatory disclosure to NSE under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, Regulation 31(4). This disclosure is triggered when an acquirer acquires shares such that it crosses 25% of voting capital or commits to a full or partial open offer. Bosch Home Comfort India Limited is a listed air conditioning company trading on NSE. The disclosure obligates the acquirer to file detailed information regarding the acquisition, shareholding pattern, funding source, and offer strategy within statutory timelines.

Why it mattersA Reg 31(4) disclosure marks the onset of formal takeover gate: the acquirer has crossed 25% threshold or committed to a full/partial offer, requiring a detailed disclosure statement within 15 days and compliance with open offer mechanics; absent a negotiated exemption, the acquirer must launch a public offer at a price determined by the merchant banker valuation.
SectorConsumer & Retail
[object Object][object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals