ZF Steering Gear
724.05
-0.60(-0.08%)
Market Cap₹656.76 Cr
PE Ratio103.82
IndustryAutomobiles
Company Performance:
1D-0.08%
1M-5.96%
6M-39.60%
1Y-43.90%
5Y+90.72%
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More news about ZF Steering Gear
31Oct 25
ZF Steering Gear Shareholders Approve Reclassification of Three Promoters to Public Category
ZF Steering Gear (India) Limited shareholders have approved the reclassification of three promoters to the 'Public Shareholder' category through a postal ballot. The reclassification affects Mrs. Amita Jinendra Munot (1.62% stake), Mr. Piyush Jinendra Munot (1.28% stake), and Mr. Yash Munot (1.24% stake). The resolution passed with 99.97% votes in favor, aligning with SEBI regulations. This change impacts the company's shareholding structure but does not alter the actual shareholding of these individuals.
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11Oct 25
ZF Steering Gear (India) Secures BSE Approval for Reclassification of Promoter Group Members
ZF Steering Gear (India) Limited has obtained approval from the Bombay Stock Exchange (BSE) to reclassify three individuals from the Promoter/Promoter Group category to Public Shareholders. The reclassification affects Mrs. Amita Jinendra Munot, Mr. Piyush Jinendra Munot, and Mr. Yash Munot. The company received a no-objection letter from BSE on October 10, 2025, under Regulation 31A of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This change will be reflected in the company's quarterly shareholding pattern due for December 31, 2025.
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11Sept 25
ZF Steering Gear (India) Files Application for Promoter Reclassification, Affecting 3.14% Shareholding
ZF Steering Gear (India) Limited has applied to BSE Limited for reclassification of three promoters from 'Promoter' to 'Public' category. The request involves Mrs. Amita Jinendra Munot (1.62% shareholding), Mr. Piyush Jinendra Munot (1.28% shareholding), and Mr. Yash Munot (1.24% shareholding), collectively holding 3.14% of the company's shares. The company's board approved the request on September 8, 2025, and the application was filed with BSE on September 11, 2025. This move complies with SEBI regulations and could impact the company's ownership structure if approved.
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08Sept 25
ZF Steering Gear Board Approves Reclassification of Three Promoters to Public Shareholders
ZF Steering Gear (India) Limited's Board has approved the reclassification of three promoters' shareholdings from 'Promoter/Promoter Group' to 'Public Shareholder(s)' category. The promoters, holding a combined 4.14% stake, meet SEBI's regulatory conditions for reclassification. This decision is subject to approval from BSE Limited and company shareholders. If approved, it will reduce the promoter group's shareholding and potentially increase the public float.
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12Aug 25
ZF Steering Gear (India) Reports Mixed Results for FY 2024-25
ZF Steering Gear (India) Limited reported a 1.05% increase in revenue to Rs. 492.86 crore for FY 2024-25, but net profit declined by 28.98% to Rs. 33.89 crore. The company saw growth in power steering system sales but faced challenges from lower other income, increased fixed costs, and higher finance costs. No dividend was recommended as the company allocates Rs. 94.00 crore towards expansion and diversification through subsidiaries, including Rs. 72.00 crore for new business lines such as aluminum extrusion and electric equipment components.
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05Aug 25
ZF Steering Gear (India) Receives Reclassification Requests from Three Promoters
Three promoters of ZF Steering Gear (India) Limited have requested reclassification from 'Promoter' to 'Public' category. Mrs. Amita Jinendra Munot (1.62% shareholding), Mr. Piyush Jinendra Munot (1.28%), and Mr. Yash Munot (1.24%) have submitted requests citing compliance with SEBI regulations. They hold less than 10% voting rights each, have no control over company affairs, and possess no special rights or board representation. The reclassification requires approvals from the company's Board, shareholders, and BSE Limited.
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26Jul 25
ZF Steering Gear India Reports Q1 Results, Schedules AGM for September
ZF Steering Gear (India) Limited reported Q1 FY24 standalone revenue of Rs. 130.93 crores, up from Rs. 127.89 crores year-over-year. Net profit after tax was Rs. 11.95 crores. The company's 45th AGM is scheduled for September 8. A strategic move involves transferring leasehold rights of factory land between subsidiaries, aligning with plans to enter the Aluminium Extrusion business.
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18Mar 25
Z F Steering Gear (India) Invests ₹4.87 Crore in Subsidiary Metacast Auto Through Rights Issue
Z F Steering Gear (India) Limited has invested ₹4.87 crore in its subsidiary Metacast Auto Private Limited through a rights issue. The company subscribed to 4.05 million equity shares at ₹12 per share, maintaining its 51% stake. The investment aims to help Metacast repay existing loans and fund operating expenses. Metacast's authorized and paid-up capital has increased to ₹8 crore, with ownership split between Z F Steering Gear (51%) and Supreme Iron (India) Private Limited (49%).
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ZF Steering Gear
724.05
-0.60
(-0.08%)
1 Year Returns:-43.90%
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