ZF Commercial Vehicle Control Systems India Limited has clarified the impact of its parent company ZF Group's sale of Advanced Driver Assistance Systems (ADAS) business to Harman International Inc, confirming that the transaction does not affect its commercial vehicle operations in India.

Transaction Scope and Impact

The clarification, issued on January 14, 2026, addresses investor concerns following ZF Friedrichshafen AG's announcement on December 23, 2025, about the sale of ADAS operations for passenger cars to Harman International Inc. The company emphasized that the transaction exclusively covers specific ADAS Division portfolio components.

Commercial Vehicle Operations Unaffected

ZF Commercial Vehicle Solutions (CVS) confirmed that the announced transfer does not pertain to the ADAS portfolio of the ZF CVS Division. The company stated that it will continue its activities in driver assistance and autonomous driving in the commercial vehicle sector, retaining dedicated teams, capabilities, and governance for ADAS solutions development and supply for trucks, coaches, and buses applications.

Key Operational Continuities

The company provided specific assurances regarding business continuity:

• Customer Agreements: No impact on existing customer agreements or project execution, with current contractual terms, conditions, and delivery schedules remaining unchanged
• Support Services: Customer engineering, program, and service interfaces at ZF CVS remain unaffected
• Development Roadmap: Continued investment in ADAS innovations tailored to commercial transport requirements
• Service Operations: Development, supply, service, and support of ADAS solutions for commercial vehicles continue without interruption

Background Context

The clarification follows the company's earlier announcement on December 3, 2025, regarding securing an ADAS Business nomination from an Indian e-mobility Commercial Vehicle OEM. The company received investor inquiries seeking clarity on the impact of the global transaction on its India operations, prompting this detailed response.

Regulatory Compliance

The clarification was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both BSE Limited and National Stock Exchange of India Ltd. The company emphasized that existing customer contracts, service arrangements, and terms & conditions remain in force, with program deliveries continuing without interruption.

ZF Commercial Vehicle Control Systems India Ltd has issued an important clarification regarding the recent sale of its ADAS (Advanced Driver Assistance Systems) business to Harman International. The company sought to address any potential confusion about the scope and impact of this strategic transaction.

Transaction Scope and Business Impact

The sale to Harman International has a limited scope, affecting only the passenger car ADAS division of the company. This clarification is significant as it delineates the boundaries of the transaction and reassures stakeholders about the continuity of other business operations.

Commercial Vehicle Operations Remain Intact

The company emphasized that its commercial vehicle operations will continue unchanged despite the ADAS business sale. This distinction is crucial for stakeholders and customers who rely on ZF Commercial Vehicle Control Systems' commercial vehicle solutions and services.

Customer Service Continuity

ZF Commercial Vehicle Control Systems has assured that customer contracts and support services will continue without any interruption. This commitment demonstrates the company's focus on maintaining strong customer relationships and ensuring seamless service delivery during the transition period.

The clarification provides transparency about the transaction's limited scope and reinforces the company's commitment to its commercial vehicle business segment and existing customer base.