ZF Commercial Vehicle Control Systems India has announced the approval for the allotment of 9,48,37,920 Bonus Equity Shares, each with a face value of Rs. 5/-. This significant issuance is in the ratio of 5:1, meaning five new bonus shares for every one existing equity share held as of the record date, June 24, 2026. The company’s paid-up equity share capital will consequently increase substantially.
Bonus Share Allotment Approved
ZF Commercial Vehicle Control Systems India Limited has officially approved the allotment of 9,48,37,920 fully paid-up Bonus Equity Shares. Each share has a face value of Rs. 5/-. This substantial issuance follows an approved ratio of 5:1, entitling eligible shareholders to receive five new equity shares for every one existing equity share they held on the record date, which was Wednesday, June 24, 2026.
Impact on Share Capital
The allotment is expected to significantly increase the company’s issued, subscribed, and paid-up equity share capital. Prior to this bonus issue, the capital stood at Rs. 9,48,37,920, comprising 1,89,67,584 equity shares of Rs. 5/- each. Post-allotment, the equity share capital is set to rise to Rs. 56,90,27,520, reflecting a total of 11,38,05,504 equity shares of Rs. 5/- each.
Trading and Rights of Bonus Shares
The newly allotted bonus equity shares will rank pari passu with the existing equity shares, carrying identical rights to dividends and other corporate benefits declared after the allotment date. The allotment is exclusively in dematerialised form. For shareholders who held physical shares on the record date, the bonus shares will be credited to a suspense account and subsequently transferred upon completion of KYC formalities. The deemed allotment date is June 25, 2026, with trading expected to commence on June 29, 2026.
Regulatory Approvals
This decision follows the approval obtained through a postal ballot and remote e-voting which concluded on June 17, 2026. Furthermore, in-principle approvals have been secured from both the BSE Limited (notice no. LOD/Bonus/BN-IP/KS/422/2026-27 dated June 19, 2026) and the National Stock Exchange of India Limited (notice no. NSE/LIST/55259 dated June 19, 2026).
Source: BSE
