ZF Commercial Vehicle Control Systems India Ltd

Accreditation milestone

• ZF CVCS India's Hemi Anechoic Chamber has NABL accreditation under ISO/IEC 17025:2017.
• Accreditation makes the facility one of few NABL-accredited Hemi Anechoic Chambers in India.
• Valid through July 2030; supports testing across conventional and electrified vehicle technologies.
• Facility serves more than 50 customers, including OEMs, suppliers and technology partners.

ZF Commercial Vehicle Control Systems India Limited: Trading window closed from October 01, 2026 till forty eight hours after the declaration of unaudited Financial Results for the Quarter & Half Year ended September 30, 2026.

Meeting Details

• Date: September 21, 2026; Mumbai, in-person, Group and One-to-One sessions.
• Hosted By: Anand Rathi Institutional Equities (G-200 Summit 2026).
• Type: Group Meet and One-to-One.
• Venue: Mumbai.

Participants

• Company participant: Company Secretary & Compliance Officer.

Purpose

• Operational overview of the Company discussed.

Additional Notes

• No unpublished price sensitive information discussed.

Overview

• 6 manufacturing plants and 1 proving ground in India CVCS.
• Over 5,560 employees; 1,100+ engineers; 550+ aftermarket dealers.
• 270 authorized service partners; global engineering footprint.
• €1.1bn India sales in 2025; ~14,000 employees.
• SPARK: two clutch master cylinders launched; 10+ identified products.

Market & Growth

• India CV market growth supported by PM E-Drive, Bharatmala, infra push.
• Regulatory tailwinds: ADAS, GCC uptake, electrification expansion.
• Strong OEM partnerships; export and aftermarket opportunities.

SPARK & Product Pipeline

• SPARK: 10+ identified products; ADB Rotors and DEF launched.
• Two clutch master cylinders launched in March 2026.
• Pipeline includes CV Brake Pads, reverse camera, air spring.

ESG & Sustainability

• 80% Scope 1 and 2 GHG reductions by 2030 (2019 base).
• 40% Scope 3 reductions per € million sales by 2030.
• 100% renewable electricity procurement from 2025.
• RE100 by 2025; onsite solar 10%; long-term solar/wind 71%.
• Energy efficiency: 31 projects; 1206 MWh saved; 3.5% vs PY.

Governance & Recognition

• Atmanirbhar Excellence Award for localization of E-Compressor.

Investor Engagement

• March 2025/2026 investor visits to Oragadam facility and Proving Ground.

Key Update

• ITAT Chennai Bench favorable order sets aside Rs 1.17 crore tax demand for AY 2022-23.
• Date of receipt of the ITAT order: 18 September 2026.
• No material impact on financial position or operations.

Resignation of Senior General Manager - Sourcing and Purchasing, effective 15 September 2026

• Mr. Ponraj Pandian resigns due to personal reasons.

Meeting Details

• Date: 21-09-2026
• Type & mode: Group meet and one-to-one, in-person
• Hosted by: Anand Rathi Institutional Equities (G-200 Summit 2026)
• Venue: Mumbai
• Participants: Company management
• Purpose: Analyst/institutional investor meeting

CFO Appointment

• Appointment: Mr. Rakesh Mishra appointed Chief Financial Officer effective 1 September 2026.
• Profile: Chartered Accountant with over 30 years of experience in global technology and engineering firms.
• Education: B.Com (Utkal University); Cornell Exec Leadership; ISB AI Leadership.

GST Show Cause Notice

• Show Cause Notice dated Aug 11, 2026 from Addl. Commissioner GST & Central Excise, Audit-I, Chennai.
• Proposed demand under CGST Act Section 74: INR 27,99,29,495.
• Period under review: Apr 2020–Mar 2024.
• Reason: excess ITC, ineligible ITC, excess ITC on import vs GSTR-2B, time limit.
• No material impact on finances or operations reported.
• Company to file a detailed response to the Show Cause Notice.
• Penalty proposed under CGST Act Section 74.

Meeting Details

• Date: July 28, 2026; Q1 FY 2026-27 earnings conference call.
• Type/Mode: group virtual earnings conference call.
• Organizer: 360 One Capital Market Private Limited.

Participants

• Company leadership present: Managing Director; Head of OE Sales; General Manager, Finance; Company Secretary.

Purpose

• Discuss Q1 FY 2026-27 earnings and business performance.
• Results published July 24, 2026.

Additional Notes

• Transcript and recording will be posted on the company website.
• Board approved CFO appointment effective September 1, 2026; Whole-Time Company Secretary appointed July 25, 2026.