ZF Steering Gear (India) Ltd has entered into a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear Co. Ltd., China, to establish a framework for co-operation in relation to the development of Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India. The agreement, signed on June 29, 2026, is preliminary in nature and serves as a basis for further discussions between the parties. The proposed co-operation is not a related party transaction and is in the ordinary course of business.

Partnership Overview

The agreement between ZF Steering Gear (India) Ltd and Hubei Tri-Ring Motor Steering Gear Co. Ltd. focuses on the development of Electric Hydraulic Power Assisted Steering assemblies. This technology combines the efficiency of electric actuation with the reliability of hydraulic assistance. The partnership is specifically directed at the Indian market, reflecting growing demand for advanced steering solutions in the country's expanding automotive industry.

Strategic Significance

Electric Hydraulic Power Assisted Steering assemblies represent a key segment in modern vehicle technology, offering improved fuel efficiency and enhanced driver control compared to conventional hydraulic systems. By partnering with Hubei Tri-Ring Motor Steering Gear Co. Ltd., ZF Steering Gear (India) Ltd aims to leverage combined expertise to develop and deliver these systems locally. The collaboration underscores the increasing emphasis on technology partnerships within India's automotive components industry to meet evolving vehicle performance standards.

zf steering gear has closed its trading window for designated persons and their immediate relatives effective July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ending June 30, 2026. This measure is intended to prevent insider trading and ensure compliance with regulatory norms during the sensitive period preceding the announcement of Q1FY26 results.

The closure follows the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct to Regulate, Monitor and Report Trading by the Designated Persons. The restriction applies to all securities of the company and covers the period leading up to the release of both standalone and consolidated financial results.

Key Details of the Trading Window Closure

The company's designated persons and their immediate relatives are prohibited from dealing in the company's securities during this closed period. The window will reopen only after the stipulated time following the public announcement of the financial results, ensuring that all material information is available to the market.