ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) has announced a significant addition to its senior management team. K Inbarajan has been appointed as the new Head - Legal, effective July 30, 2025, bringing over two decades of legal expertise to the company.

Key Appointment Details

Professional Background

K Inbarajan joins ZF Commercial Vehicle Control Systems India with an impressive track record in the legal field. His extensive experience spans various crucial areas:

• Legal drafting
• Contract management
• Arbitration and litigation
• Mergers and Acquisitions (M&A)
• Compliance
• Corporate advisory

Previous Experience

Prior to this appointment, Inbarajan held the position of General Manager – Legal at KONE Elevator India Pvt. Ltd. In this role, he was responsible for:

• Leading legal compliance initiatives
• Managing contracts
• Overseeing dispute resolution

His career also includes senior legal positions at notable companies such as:

• SIVA Industries
• VGN Developers
• SAAG RR Infra

Educational Qualifications

Inbarajan brings a strong educational background to his new role:

• LLM in Contracts
• BL in Law
• MBA in Human Resource Development
• B.Sc. in Computer Science

Company Statement

The appointment was officially announced by ZF Commercial Vehicle Control Systems India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Muthulakshmi M, Company Secretary, confirmed the appointment in a formal communication to the BSE Limited and the National Stock Exchange of India Ltd.

About ZF Commercial Vehicle Control Systems India Limited

ZF Commercial Vehicle Control Systems India Limited, formerly known as WABCO INDIA Limited, is a key player in the commercial vehicle industry. The company is listed on both the BSE and the National Stock Exchange of India.

ZF Commercial Vehicle Control System India Ltd witnessed significant block deals on the stock market, with transactions worth approximately ₹792.00 crore taking place. The deals involved the movement of 6 lakh shares, representing about 3.17% of the company's equity.

Block Deal Details

Promoter Stake Sale

Sources suggest that the company's promoters were likely the sellers in these block deals. The promoters reportedly intended to offload a 3.13% stake at a price of ₹12,000.00 per share. This proposed price represented a 10% discount to the previous closing price of the stock.

Market Impact

The execution of these block deals at an average price of ₹13,191.00 per share, which is higher than the reported intended sale price of ₹12,000.00, indicates strong demand for the company's shares. This could potentially signal investor confidence in ZF Commercial Vehicle Control System India's market position and future prospects.

Company Overview

ZF Commercial Vehicle Control System India Ltd operates in the commercial vehicle components sector. The company specializes in the design, development, and manufacture of advanced braking systems and other related technologies for commercial vehicles.

The recent block deals and the promoter's decision to reduce their stake may attract investor attention and could potentially impact the stock's trading patterns in the short term. Investors and market analysts will likely monitor the company's performance and any further developments closely following this significant transaction.