Corporate News Details
Board of ZF Commercial Vehicle Control System India approves investment of Rs 30 cr in ZF MIPL
(13-May-26 18:37)
The board of ZF Commercial Vehicle Control System India at its meeting held on 13 May 2026 has approved the proposal for making investments in its wholly owned subsidiary i.e., M/s. ZF CV Control Systems Manufacturing India (ZF MIPL) by way of subscription to the ZF MIPL's proposed rights issue of 3,00,00,000 0.01% Non-Cumulative Optionally Convertible Redeemable Preference Shares (NCOCRPS) of face value Rs.10/- each (at par), aggregating to Rs. 30 crore.
