ZF Commercial Vehicle Control Systems India Limited has announced the Record Date for its upcoming bonus issue. Shareholders as of Wednesday, June 24, 2026, will be eligible to receive bonus equity shares. The bonus is proposed in a ratio of 5:1, meaning five new equity shares for every one held. This move aims to reward shareholders and increase the company’s equity base.
Bonus Issue Announcement
ZF Commercial Vehicle Control Systems India Limited has formally declared the Record Date for its previously approved bonus equity share issuance. This determination is crucial for identifying the eligible shareholders entitled to receive the bonus shares. The company’s Board of Directors has fixed Wednesday, June 24, 2026, as the Record Date for this purpose.
Bonus Ratio and Entitlement
The bonus issuance will be distributed in a significant ratio of 5:1. This means that for every 5 equity shares a shareholder holds as of the Record Date, they will be entitled to receive an additional 1 equity share as a bonus. This decision was previously approved by the company’s shareholders on June 17, 2026.
Allotment and Timelines
The bonus equity shares, once allotted, will be credited directly to the shareholders’ dematerialised accounts. These shares will fall under the existing ISIN: INE342J01019. The deemed date of allotment for this bonus issuance is scheduled for June 25, 2026. The company will ensure all necessary formalities with stock exchanges and depositories are completed in compliance with applicable regulations and circulars, including those pertaining to reduced timelines for bonus issues.
Further Disclosures
ZF Commercial Vehicle Control Systems India Limited has confirmed that further disclosures will be made as required. These updates will cover the allotment of bonus shares by the Board or the Allotment Committee and the subsequent submission of corporate actions to the depositories.
Source: BSE
