ZF Commercial Vehicle Control Systems India Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Jul-2026.
ZFCVINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ZF Commercial Vehicle Control Systems India (formerly WABCO India) reported strong FY26 results with standalone revenue of Rs. 4,055 crore (up 6.6% YoY) and consolidated PAT of Rs. 517 crore (up 12.2% YoY). The Board approved an 80% dividend (Rs. 4 per share of Rs. 5 face value) with record date 10th July 2026 and payment by 22nd August 2026. A landmark 5:1 bonus issue was approved (5 shares for every 1 held), with record date 24th June 2026. The company also increased authorized share capital 6x to Rs. 60 crore (from Rs. 10 crore) to accommodate the bonus. Additionally, Rs. 30 crore will be invested in its wholly-owned subsidiary ZF MIPL via a rights issue of preference shares. Auditors gave unmodified opinions on both standalone and consolidated results.
The bonus issue and capital expansion are highly positive for existing shareholders as it increases liquidity and share count 6x. The 80% dividend payout and strong 12%+ profit growth signal healthy fundamentals, likely supporting near-term stock appreciation despite dilution.