ZF Commercial Vehicle Control Systems India Limited has informed the Exchange that Record date for the purpose of Bonus is 24-Jun-2026.
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The Board approved a major 5:1 bonus issue (5 equity shares for every 1 held) with record date June 24, 2026, subject to shareholder approval. This requires increasing authorised share capital from Rs. 10 crore to Rs. 60 crore. For FY26, standalone revenue grew 6.6% to Rs. 4,055.48 crore, while consolidated profit after tax rose 12.2% to Rs. 517.15 crore. EPS stands at Rs. 267.13 (standalone) and Rs. 272.65 (consolidated). The Board also recommended a dividend of Rs. 4 per share (80% payout) for FY26. Additionally, the company will invest Rs. 30 crore in its wholly-owned subsidiary ZF MIPL through a rights issue of preference shares.
The 5:1 bonus issue is highly positive for existing shareholders as it quintuples their shareholding at no cost, improving liquidity and broadening shareholder base. The strong financial performance with double-digit profit growth and consistent dividend payout signals a healthy company outlook.