ZF Steering Gear (India) Limited has entered into a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear Co. Ltd., China on June 29, 2026. The agreement establishes a framework for cooperation in relation to the development of Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India.
The disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).
The Framework Co-operation Agreement is described as preliminary in nature and serves as a framework for further discussions between the parties. The company explicitly states that the proposed cooperation is not a related party transaction and is in the ordinary course of business.
Financial impact of the agreement is not quantified in the disclosure. The document was signed digitally by Satish Jayantilal Mehta, Company Secretary and Compliance Officer (Membership No.: F3219) on June 29, 2026 at 13:52:24 IST.