ZF Steering Gear Share Price Today

ZF Steering Gear wins Delhi ITAT order on tax deduction appeals

Delhi ITAT allows deduction claims under Sections 80-IA and 80-IB. Order covers assessment years 1995-96 to 2004-05 (10 years). Company entitled to tax refunds plus interest on previously paid demands. Appeals ITA No. 4374 to 4383/DEL/2026 disposed of on September 3, 2026. ZF Steering Gear filing applications for consequential orders with Assessing Officer.

ZF Steering Gear subsidiary DriveSys acquires land for Aluminium Project expansion

DriveSys Systems Private Limited acquired Plot No. E-10 in Maharashtra. The land measures approximately 25,882 sq. mtrs. at Supa Parner Industrial Park. Acquisition supports expansion of the Aluminium Project manufacturing facilities. Disclosure made pursuant to SEBI LODR Regulations following MIDC communication.

ZF Steering Gear shareholders back Munot leadership with 99.9% vote

Shareholders of ZF Steering Gear (India) Limited endorsed the reappointment of its top leadership, including Chairman Dinesh Munot and Managing Director Utkarsh Munot, with overwhelming support exceeding 99.9%. The 46th AGM, held on July 27, 2026, also saw the approval of audited financial statements for FY26 and material related party transactions. The high level of approval reflects strong investor confidence in the company's governance and strategic outlook under the Munot-led management team.

ZF Steering Gear net profit surges 55% in Q1FY26 as other income jumps

ZF Steering Gear (India) Limited posted a 55% jump in Q1FY26 standalone net profit to ₹18.52 crore, fueled by a 150% rise in other income to ₹18.84 crore. Revenue grew 5.23% to ₹137.78 crore. The Board also approved a ₹50 crore cost revision for its aluminium expansion project, raising total investment to ₹150 crore.

ZF Steering Gear schedules 46th AGM on July 27, 2026

ZF Steering Gear (India) Limited has scheduled its 46th Annual General Meeting for July 27, 2026, via video conferencing. The agenda includes the re-appointment of Mr. Dinesh Munot as Chairman and Whole-Time Director and Mr. Utkarsh Munot as Managing Director for five-year terms. Shareholders will also ratify material related party transactions for FY 2026-27, with an aggregate value not expected to exceed Rs. 100 crore. For FY 2025-26, the company reported a Total Revenue of ₹556.74 crore and a Net Profit of ₹31.78 crore.

ZF Steering Gear (India) Ltd signs EHPAS co-operation pact

ZF Steering Gear (India) Ltd entered into a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear Co. Ltd. on June 29, 2026, to develop Electric Hydraulic Power Assisted Steering assemblies in India. The preliminary agreement aims to establish a framework for further discussions and is not a related party transaction.