ZF Commercial Vehicle Control Systems India Limited has announced the resignation of Ms. Muthulakshmi M, who served as the Company Secretary and Compliance Officer. The resignation was tendered to pursue further career opportunities outside the ZF Group. The company accepted the resignation, with the effective date set as the close of business hours on March 24, 2026. Ms. Muthulakshmi M was a Key Managerial Personnel of the organization.
Announcement of Key Managerial Personnel Change
ZF Commercial Vehicle Control Systems India Limited has formally notified the stock exchanges regarding a significant change in its executive leadership structure. Ms. Muthulakshmi M, holding the dual role of Company Secretary and Compliance Officer, has tendered her resignation from her position.
Reason for Cessation and Effective Date
The stated reason for her departure is the decision to pursue further career opportunities outside of the ZF Group. The company confirmed that it has accepted this resignation. Ms. Muthulakshmi M will officially be relieved of all duties effective from the close of business hours on March 24, 2026. As the outgoing officer was a Key Managerial Personnel, the necessary details regarding the cessation have been disclosed.
Disclosure Details
In line with regulatory requirements, the specifics of this change confirm that the reason for change is resignation. There is no brief profile available as this is a cessation, not an appointment. Furthermore, there is no disclosure of relationship applicable to this event.
The management, represented by Mr. Paramjit Singh Chadha, Managing Director, assured that the formal resignation letter will be disclosed to the stock exchanges within the stipulated regulatory timeline.
Source: BSE
