ZF Commercial Vehicle Control Systems India Ltd has allotted 9,48,37,920 fully paid-up bonus equity shares in a 5:1 ratio to eligible shareholders as on the record date of June 24, 2026. The allotment, approved by the Board via circulation on June 25, 2026, increases the company's paid-up equity share capital to ₹56,90,27,520, divided into 11,38,05,504 equity shares of ₹5 each. The new shares will rank pari passu with existing equity shares and carry the same rights regarding dividends and corporate benefits declared post-allotment.

The bonus issue was capitalised from free reserves and/or securities premium account amounting to ₹47,41,89,600. Shareholders had approved the issuance, along with an increase in authorised share capital to ₹60 crore, through a postal ballot that concluded on June 17, 2026. The remote e-voting process, conducted under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, saw strong approval with 98.92% of valid votes cast in favor of the bonus issuance.

Trading and Credit Details

The deemed date of allotment is June 25, 2026, and the bonus shares are proposed to be made available for trading on June 29, 2026. The allotment is made only in dematerialised form, with shares credited to beneficiary accounts through CDSL and NSDL. For shareholders holding physical shares on the record date, the corresponding bonus shares will be credited to the company's demat suspense account until valid KYC details are submitted.

Voting Results Summary

All three resolutions placed before shareholders were approved with a significant majority. The resolutions regarding the increase in authorised share capital and alterations to the Articles of Association received 99.99% approval.

The e-voting process was managed by National Securities Depository Limited (NSDL), with Mr. G Karthikeyan, Partner, M/s. RSGK & Associates, serving as the scrutinizer. The company received in-principle approvals from BSE Limited and National Stock Exchange of India Limited for the bonus issue on June 19, 2026.

ZF Commercial Vehicle Control Systems India Limited held a virtual meeting with SBI Mutual Fund on June 15, 2026, to discuss the company's operational overview. The interaction was conducted as a one-to-one meeting starting at 5.30 PM, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that no unpublished price sensitive information was shared during the discussion. The meeting served as a platform for management to engage directly with the institutional investor regarding business operations.

Meeting Details

The regulatory filing was submitted to BSE Limited and the National Stock Exchange of India Ltd. The company's scrip code on the BSE is 533023, and the trading symbol is ZFCVINDIA.