45th AGM of the Company scheduled to be held on Monday, September 8, 2025, at 10:00 a.m. (IST) through Video Conferencing/ Other Audio Visual means (VC/ OAVM).
ZFSTEERING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ZF Steering Gear (India) Limited has issued the notice for its 45th AGM to be held on Monday, September 8, 2025, at 10:00 AM through video conferencing. Ordinary business includes adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and reappointment of Dr. Dinesh Bothra (DIN: 00049883), who retires by rotation. Special business includes appointing M/s. SIUT & Co., LLP as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at Rs. 1,51,000 for FY 2025-26 with a 5% annual escalation. Another special item seeks approval for revised material related party transactions up to Rs. 100 crore per financial year for three years with Supreme Group entities (Supreme Autocasts, Supreme Engineering, Supreme Autocasts Pvt Ltd, Supreme Iron India Pvt Ltd), superseding the earlier resolution of March 22, 2025. Remote e-voting runs from September 5 (9:00 AM) to September 7 (5:00 PM), with cut-off date of September 1, 2025.
This is a routine AGM notice with no negative surprises. Shareholders should note the Rs. 100 crore per year related party transaction cap with the Supreme Group, which is connected to directors of Metacast (a subsidiary/JV) — worth reviewing the rationale carefully. The proposed secretarial auditor fee with 5% annual escalation is modest and standard.