Announced Mon, 27 Apr · 21:04 IST

ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

ZFCVINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹14840.00
prior close
₹14762.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.2+0.7+0.7-0.7-1.6-0.3-2.1-1.1-2.1-3.3-1.5-82.0
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AI summary

ZF Commercial Vehicle Control Systems India (formerly WABCO India) has informed the stock exchanges of a change in its Board of Directors. Dr. Lars Orlik, a Non-Executive Non-Independent Director, has resigned effective April 30, 2026, citing personal and professional commitments. He also stepped down as a member of the Audit Committee. In his place, Ms. Claudia Christina Jehle has been appointed as an Additional Director (Non-Executive & Non-Independent) effective May 4, 2026. Ms. Jehle currently serves as the CFO of ZF Group's Commercial Vehicle Solutions (CVS) division in Switzerland and brings extensive finance leadership experience. The Audit Committee has been reconstituted accordingly, with Ms. Jehle replacing Dr. Orlik on the committee.

Likely market impact

This is a routine board reshuffle involving a non-executive director from the ZF parent group, with no disruption to operations or strategy. Shareholders are unlikely to see any material impact on the stock price as the change maintains continuity of group-level oversight.