ZF Commercial Vehicle Control Systems India Ltd has fixed Wednesday, June 24, 2026, as the record date to determine shareholder eligibility for a 5:1 bonus issue. The issuance of five bonus equity shares for every one share held was approved by shareholders through a postal ballot that concluded on June 17, 2026. The company will capitalise ₹47,41,89,600 out of its free reserves and/or securities premium account for this purpose. The deemed date of allotment for the bonus shares is June 25, 2026, and the shares will be credited in dematerialised form under the existing ISIN INE342J01019.

The resolutions passed include the bonus issuance, an increase in authorised share capital to ₹60 crore, and consequential alterations to the capital clauses of the Memorandum and Articles of Association. The postal ballot process was conducted under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the remote e-voting facility open from May 19, 2026, to June 17, 2026. The Board approved the proposal on May 13, 2026.

Voting Results Summary

All three resolutions placed before the shareholders were approved with a significant majority. The ordinary resolution for the bonus issuance received 98.92% of the valid votes cast, while the resolutions regarding the increase in authorised share capital and alterations to the Articles of Association received 99.99% approval.

Procedural Details and Scrutiny

The e-voting process was managed by National Securities Depository Limited (NSDL), with Mr. G Karthikeyan, Partner, M/s. RSGK & Associates, appointed as the scrutinizer. The company’s paid-up equity share capital as on the cut-off date consisted of 1,89,67,584 equity shares of ₹5 each. Voting rights were frozen for 442 equity shares lying in the Unclaimed Suspense Account and 51,833 equity shares transferred to the Investor Education and Protection Fund Authority.

The notice for the postal ballot was dispatched to 32,843 members and published in Makkal Kural and Business Standard on May 19, 2026. Physical ballot forms were not dispatched, adhering to relaxations granted by the Ministry of Corporate Affairs. The company will make further disclosures upon allotment by the Board or Allotment Committee.

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.