ZF Commercial Vehicle Control Systems India Limited has made a disclosure pursuant to Regulation 30 of the SEBI LODR Regulations regarding the allotment of bonus shares.

The Board of Directors approved the allotment of 9,48,37,920 (Nine Crores Forty Eight Lakhs Thirty Seven Thousand Nine Hundred and Twenty) fully paid-up Bonus Equity Shares of ₹5 each in the ratio of 5:1. This means 5 new fully paid-up equity shares for every 1 existing fully paid-up equity share held by eligible shareholders.

The allotment was approved by a resolution passed by circulation on June 25, 2026 (today). This follows approval from the Members of the Company obtained through the 12th Postal Ballot, with remote e-voting concluding on June 17, 2026.

The company received in-principle approvals from both stock exchanges:

  • BSE Limited: notice no. LOD/Bonus/BN-IP/KS/422/2026-27 dated June 19, 2026
  • National Stock Exchange of India Limited: notice no. NSE/LIST/55259 dated June 19, 2026

The Record Date for determining eligible shareholders was Wednesday, June 24, 2026. Eligibility was based on names appearing in the Register of Members of the Company and in the list of beneficial owners maintained by the depositories as on this date.

Capital Structure Impact

Consequent to the bonus issue, the company's issued, subscribed and paid-up equity share capital has increased:

  • Pre-bonus: ₹9,48,37,920 divided into 1,89,67,584 equity shares of ₹5 each
  • Post-bonus: ₹56,90,27,520 divided into 11,38,05,504 equity shares of ₹5 each

The bonus equity shares rank pari passu in all respects with the existing fully paid-up equity shares and carry the same rights, including entitlement to dividends and other corporate benefits declared after the date of allotment.

Technical Details

The allotment is made only in dematerialised form. For eligible shareholders who held equity shares in physical form on the Record Date, the corresponding bonus equity shares have been/will be credited to the Company's demat suspense/unclaimed suspense account. These will be transferred to respective shareholders upon receipt of valid demat account details and completion of applicable KYC formalities.

The deemed date of allotment is June 25, 2026 (T+1). The bonus equity shares are proposed to be made available for trading on the next working day of allotment, i.e. June 29, 2026, in accordance with SEBI Circular No. CIR/CFD/PoD/2024/122 dated September 16, 2024. The bonus shares will be credited to the demat accounts of beneficiary shareholders through CDSL and NSDL.