Bonus issue 5:1 approved; authorised capital hike cleared via postal ballot

Board & Shareholder Meetings View source PDF

ZFCVINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.7%1-day move

₹2516.00

prior close

₹2541.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+1.0+0.7+0.7+4.7+3.4+7.1+5.1+3.7+1.6-7.2-6.6——

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AI summary

Shareholders of ZF Commercial Vehicle Control Systems India (formerly WABCO India) cleared three resolutions via postal ballot on June 17, 2026. The key one: a 5-for-1 bonus issue, record date June 24, 2026. About Rs 47.42 crore will be capitalised from free reserves or securities premium. Also approved: authorised share capital hike from Rs 10 crore to Rs 60 crore and an amendment to Articles. Voting was 99.99 percent in favour for capital hike and AOA, 98.92 percent for bonus.

Likely market impact

5:1 bonus issue; record date June 24, 2026. Share count rises 6x, price adjusts lower. Watch ex-date for entry timing.