ZF Commercial Vehicle Control Systems India Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 4 per equity share.
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ZF Commercial Vehicle Control Systems India (formerly WABCO India) reported strong FY26 results with standalone revenue of Rs.4,055.5 crore (up 6.6% YoY) and standalone PAT of Rs.506.7 crore (up 10.5% YoY). Consolidated PAT stood at Rs.517.1 crore. The Board recommended a final dividend of Rs.4 per share (80% on Rs.5 face value) with record date July 10, 2026. In a significant announcement, the company approved a 5:1 bonus issue (5 shares for every 1 held) with record date June 24, 2026, subject to shareholder approval. The Board also approved increasing authorised share capital from Rs.10 crore to Rs.60 crore and investing Rs.30 crore in its wholly-owned subsidiary ZF MIPL via subscription to a rights issue of preference shares.
The bonus issue and dividend signal company confidence in future growth. Existing shareholders will receive 5 additional shares per share held at no cost, increasing liquidity. The capital increase prepares the company for future expansion needs.