ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Resignation of Ms Muthulakshmi M as Company Secretary & Compliance Officer of the company w.e.f. March 24, 2026.
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Ms. Muthulakshmi M has resigned from her position as Company Secretary and Compliance Officer of ZF Commercial Vehicle Control Systems India Limited (formerly WABCO India), effective from the close of business hours on March 24, 2026. She had been in the role since November 3, 2021, giving a tenure of roughly four and a half years. Her resignation letter cites personal reasons, and she has explicitly confirmed that there are no material reasons behind her exit. The company had initially been informed through a resignation letter dated December 16, 2025, and a subsequent extension letter dated March 13, 2026 pushed the effective date from March 16 to March 24, 2026, to allow a smoother transition of responsibilities. The intimation was filed under SEBI Listing Regulations and signed by Managing Director Paramjit Singh Chadha.
Since the Company Secretary and Compliance Officer is a Key Managerial Personnel (KMP) and a mandatory position under SEBI LODR, the company will need to announce a replacement within the stipulated timeline. Routine KMP resignations for personal reasons typically have limited direct effect on the stock price, but governance-focused investors will look for a prompt and qualified successor appointment.