ZF Commercial Vehicle Control Systems India Limited has announced the resignation of Ms. Muthulakshmi M from her role as Company Secretary and Compliance Officer. The cessation of employment is effective from the close of business hours on Tuesday, March 24, 2026. This follows an earlier extension request submitted by Ms. Muthulakshmi in March 2026. The company confirmed that there are no material reasons for her departure.
Official Intimation of Personnel Change
ZF Commercial Vehicle Control Systems India Limited (formerly WABCO INDIA Limited) has formally communicated a change in its senior management structure via a filing dated March 24, 2026. The announcement pertains to the stepping down of Ms. Muthulakshmi M from the positions of Company Secretary and Compliance Officer.
Effective Date of Cessation
Ms. Muthulakshmi M has been relieved from her duties effective from the close of business hours today, March 24, 2026 (Tuesday). This date was confirmed in an addendum to her original resignation letter, which extended the previously intended departure date of March 16, 2026.
Timeline of Resignation
The timeline leading to this announcement includes:
- Initial Resignation Date: Submitted on December 16, 2025, citing personal reasons. Ms. Muthulakshmi had served the company for approximately 4 years, starting November 3, 2021.
- Extension Request: A letter dated March 13, 2026, requested the Board’s approval to extend the effective date to March 24, 2026, to ensure a smooth transition of responsibilities.
Departure Confirmation
The departing officer explicitly confirmed in her correspondence dated December 16, 2025, that there were no material reasons necessitating her resignation, ensuring adherence to disclosure requirements.
Management Signatory
The resignation was accepted and formally announced by Mr. Paramjit Singh Chadha, the Managing Director of ZF Commercial Vehicle Control Systems India Limited.
Source: BSE
