ZF Commercial Vehicle Control Systems India Limited has announced the Record Date for its upcoming bonus issue. Shareholders will be eligible to receive bonus equity shares in a 5:1 ratio, meaning 5 new shares for every 1 existing share held. The Record Date has been fixed for Wednesday, June 24, 2026. This move is part of the company’s strategy to enhance shareholder value, following approvals from the Board of Directors and members.
Bonus Issue Details Announced
ZF Commercial Vehicle Control Systems India Limited has officially set the Record Date for its proposed bonus equity share issuance. This decision, approved by the company’s members on June 17, 2026, aims to reward existing shareholders. The bonus shares will be issued in a significant ratio of 5:1, granting shareholders 5 additional equity shares for every 1 share they currently hold. This initiative aligns with the company’s commitment to delivering value to its investor base.
Key Dates and Allotment
The crucial Record Date for determining the eligibility of shareholders for this bonus issuance has been confirmed as Wednesday, June 24, 2026. Following the Record Date, the deemed date for the allotment of these bonus equity shares is set for June 25, 2026, as per recent SEBI circulars. The bonus shares will be credited in dematerialised form under the existing ISIN INE342J01019, subject to completion of necessary regulatory and exchange formalities.
Regulatory Compliance and Future Disclosures
This intimation is made in strict compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reaffirms that the decision to issue bonus shares and the related enabling actions were approved by the Board of Directors. ZF Commercial Vehicle Control Systems India Limited will provide further disclosures as required under Regulation 30 of the SEBI LODR Regulations once the allotment is finalized by the Board or Allotment Committee and all corporate actions are submitted to the depositories. The announcement is also available on the company’s official website.
Source: BSE
