ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding voting results of Postal Ballot
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ZF Commercial Vehicle Control Systems India (formerly WABCO India) announced the results of its 11th Postal Ballot conducted via remote e-voting between February 19, 2026 and March 20, 2026. The single ordinary resolution sought shareholder approval for material related party transactions with ZF CV Systems Global GmbH (a group company) of up to Rs. 2,500 crore for FY 2026-27. The resolution was passed with overwhelming support — 342 members voted in favour (58,14,007 shares, 99.71%) while only 22 members voted against (16,723 shares, 0.29%). Promoter group did not vote on this resolution as required under SEBI's related party transaction rules. Overall voting turnout was 30.74% of outstanding shares (1,89,67,584 equity shares of Rs. 5 each).
This is a routine governance filing confirming shareholder approval for related party dealings with the parent group entity, which is necessary for normal business operations. The near-unanimous approval (99.71%) reflects strong shareholder confidence and removes any procedural uncertainty around the Rs. 2,500 crore RPT ceiling for FY27. No material change in business or stock price impact is expected.