The Company has received disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 from WABCO Asia Private Limited
Awaiting price reaction for this filing.
WABCO Asia Private Limited, part of the promoter group of ZF Commercial Vehicle Control Systems India Limited, sold 600,133 equity shares (3.16% of total share capital) in the open market on June 6, 2025. Before the sale, WABCO Asia held 11,980,684 shares (63.16%); after the sale, its holding stands at 11,380,551 shares (60.00%). The total equity share capital of the company remains unchanged at 18,967,584 shares of ₹5 each. No encumbrance or pledged shares are involved in this transaction.
This is a notable promoter trimming of stake by over 3 percentage points, though WABCO Asia continues to remain the majority controlling shareholder at 60%. Investors may view this as a mild negative signal given the open-market nature of the sale, but the promoter still retains comfortable majority control.