BSEBoard Meeting5d ago · 24 Jul 2026, 12:14 pm
The Board of Directors of ZF Steering Gear (India) Limited , inter alia, transacted following business at its meeting held today i.e. July 24, 2026: Unaudited Standalone and Consolidated ....
ZF Steering Gear India Ltd-$ · 505163
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ZF Steering Gear India Ltd has announced unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and a revision in the project cost for its wholly-owned subsidiary DriveSys Systems Private Limited's Aluminium Project.
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ZF Steering Gear India Ltd-$ - 505163 - Board Meeting Outcome for Board Meeting Outcome For Board Meeting Held On July 24, 2026
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July 24, 2026
BSE Limited
25th Floor, P. J. Towers,
Dalal Street, Fort,
Mumbai- 400 001
Sub: Intimation of Outcome of the Board Meeting under Regulation 30 and 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Listing
Regulations).
- Unaudited Standalone and Consolidated Financial Results for the Quarter ended on June
30, 2026.
Ref: BSE Scrip Code 505163
Dear Sir/ Madam,
Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (Listing Regulations), we wish to inform you that the Board of
Directors of ZF Steering Gear (India) Limited (the Company), at its meeting held today, July 24,
2026, has, inter alia, considered and approved the following:
1. Financial Results:
The Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended
on June 30, 2026, prepared in accordance with Regulation 33 of the Listing Regulations.
The Limited Review Reports issued by the Statutory Auditors of the Company, on the aforesaid
financial results.
The said financial results, along with the Limited Review Reports, are enclosed herewith as Annexure
–A and are also available on the Company’s website at www.zfindia.com.
2. REVISION IN THE PROJECT COST FOR THR ALUMINIUM PROJECT OF THE
WHOLLY OWNED SUBSIDIARY – DRIVESYS SYSTEMS PRIVATE LIMITED:
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Board of
DriveSys Systems Private Limited (DriveSys) (CIN: U24202PN2022PTC210785), a wholly owned
subsidiary of the Company, has decided to revise upward the project cost from Rs. 100 crore to Rs. 150
crore for its Aluminium Project being set-up.
The revision in the project cost is primarily on account of the addition of equipment to enhance value
addition in the aluminium extrusion products proposed to be manufactured, including facilities for
anodizing, machining, cutting, punching, assembly and other downstream processing activities so as to
make the unit as Integrated Aluminium Value Chain Unit. Further, the revision also factors in the
proposed expansion of the project's capacity through the acquisition of additional land adjacent to the
existing project site (for which the application has already been made), along with the consequent
investment in additional plant and machinery and other capital expenditure required for the expanded
capacity.
The Board of Directors of ZF Steering Gear (India) Limited, being the holding company, has also
accorded its consent to the aforesaid revision in project cost.
Additional Information, as prescribed under the Schedule III to the Listing Regulations read with SEBI
Master Circular dated January 30, 2026, is enclosed as Annexure – B to this disclosure.
Time of Commencement of the Board Meeting: 10:50 a.m.
Time of Conclusion of the Board Meeting: 12:05 p.m.
You are requested take the aforesaid disclosure and the Annexure on your record.
Thank you
Yours faithfully
for ZF Steering Gear (India) Ltd
Satish Mehta
Company Secretary & Compliance Officer
Membership No. F3219
Annex-u rAe
IndepeAnuddeinttRo erv'isRe ewp oorntt h Qeu arterly Unaudited Standalone
FinanRceisauollf tt hsCe o mpaPnuyr sutaotn htRe e gula3t3oi fto hnSe E BI
(LisOtbilnigg aatniDdoi nssc lRoesquurier eRmeegnutlsa)2t 0i1oa5nsa,s m ,e nded
ReviReewp otrot
ThBeo aorfDd i rectors
ZF SteGeera(irIn ngdL iiam)i ted
1.Weh avree vitehwaeec dc ompaSntyaitneogmfu e nnatu dsittaneddaf lionnaern ecsiouafllt s
ZFS teeGreia(nrIg n Ldiimai)(t "etCdho em pafonryt "hq)eu aretnedJreu dn3 e02 ,0 2(6" the
Statemaetntta"ch)he,er de wbietihsn,ug b mibtytt ehdCe o mpapnuyr sutaotn hte
requiroefrm eegnutls3a 3ot fSi EoBn(I L isOtbilnigg aantDidio sncsl osure Requirements)
Regula2t0i1(o5'n tRshe,eg ulaatsai moenn'd)e d.
2.ThPer eparoaftt hiSeot na teimnae cncto rwdiatnthchr eee cognainmtdei aosnu rement
princliapdilodew isnnI ndAicacno uSnttainndg3a 4(r,'d IsAn S3d 4 "'I)n tFeirniamn cial
Reporptriensgcu"rn idSbeeercd t 1i3oo3ftn h Ceo mpaAnci2te0,s1 a3sa, m endreewdai,dt h
relervualinestss t uheedr eaunnoddt eharec rc oupnrtiinncgi pleasc cgeiepnIntn eedrdia al,ly
reawdi tthhC ei rciustl harere sponosfit bhCieol miptaynm ya'nasg eamnehdna tbs e en
approbvyte hdBe o aorfdD irecotfto hrCeso mpaOnuyrr.e sponissti obe ixlpirateys s
conclounts hiSeot na tebmaesonentod u rre view.
3.Wec onduocutrree dv iienaw c corwdiattnhhcS eet anodnaR redv iEenwg age(mSeRnEts
241"0R)e,v oifIe nwt eFriinma nIcnfoiramla pteirofonrb myte hdIe n depeAnuddeiontfto r
thEen tiitsysb"uy Ie nds tituteA cocfo uCnhotafIar nntdTteihsraiS e.std a nrdeaqrudi res that
wep laannpd e rfotrhrmee vtiooe bwt maoidne arsastuer aastn owc hee tthhSeetr a teimsent
frefreo mm atemriisaslt aAt reemveiinestlw .i miptreidm atromi alkyii nngq uoifrt ihees
Compapneyr sornenseplo nfosrfii nbalnec ainadal c counmtaitntagen rdas n alytical
proceadpuprlteiofise n da ndcaiatanaltd h purso vliedasessss urtahnaacnnae u dWieth .a ve
nopte rforamnae udda intd accwoerd doni onetgx lpyra,ena s usdo ipti nion.
uDIN2..:6'i 3i090>\A<IJN <. 2.13 :!_�2....c
ZFS teeGreia(nrIg n Ldtida.)
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belitehvaaect c ompaSntyaitnegm enti na pcrceoprwadiratetnhdhcr eee cogannidtion
measurpermiennlctaid pioldwnei tsnh aep pliIcnadbilaen Accou(n"tIAinSnd"g ) Standards
specuinfidSeeedrc t1i3oo3tfn h Ceo mpaAnci2te0,s1a 3sa menrdeewadid,rt ehl ervualnets
isstuheedr eaunnoddt ehrree rc ogancicsoeudpn rtaicnatgni pdco elsi tchihaeatsns o t
disctlhoiesn efodr matiotnbo e dr iesqcuilitnore sereodmdfR s e gulatwiioCtnih r rceualda r,
inclutdhmiean ngn ienwr h iictih s t ob ed iscloorts heiadtct, o ntaanimyna st erial
misstatement.
FoJrO SHIAP TE& Co.
CharAtcecroeudn tants
(ICFAiIrr me gisnturmab1te0iro4:n3 70W)
� bhD eshpande
Partnr
MembeNros1.h3:i1 p0 90
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ZFS TEERIGNEGA R( INDILAI)M ITED
f1"?11.'."U·FJ,'II
CINI. .32U'l1'1N1.9C80121.l'7134
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(H sI. IrI< >)(l '' es
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I luronu.•
a)R cvcl1'1ruool!pm c n.ttI011 13.778 I68I. <J 13.093 55.7<->l
hiO thIenrc ome 18.84 5'.! 8 7.5-l 2)1-1
Totlarnl. ·onu· 156.62 174.19 IJ8.-l7 577.88
2 i':XIH.'IIS{'S
a)'(o.os fml a tcriuls consumct.l 95.56 IO8l/8 87I )) ( 3c,19: ;
h)C han1g1...:is1n vcnotfol nicnsig solund: wd:.o mld' k�in�progrcs(s.51 5) 48 0 (23.6) 1.19
c)l ,mp)hocynececlx ipte nses 18.43 18.-15 18.119 7I8J8
d)F 111cao1sHt. .:c 0.85 I.1 1 o8 3 33 1,
cl)) cprcacnt:.1:d1u 1n0o1r1t� 1xz.rax1:inos1c1s 6.03 8.-18 6.hl 2<3)7
I)O thce1,,re nses 1.716 18.77 107 3 51/ ,(1
TomEix 11cn.,cs 132.52 I<l.-l,9 12.108 52.-156
3 TotParlo hfcifttc Jx1rc1let'i ointae(1lm - s2 ) 24.10 12.07 J(,.67 53.23
-l Exee(llttilu·nmasl
S1atuilntmlaorcrn1t e'I w. alCxo1d1(e1R srd i.:Nrot 2e) 0.03 06 7
Total CXil'lCcl)mlsi onal O.ll3 - 11,67
s l'rIolfl-iftto a(r>Je - 4) 24.10 12.67 16.67 525,(,
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7 Nelt' raofftiel(r 5 -t6a>x 18.52 -ll.'J 115. 9 31.71!
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aR)e 111easo1ft1 hJreee l1i1hn1ceenJnep trlsn. 11,s 0,04 (U0 9) U.03 U.I4
hI)n cotmaer. dxu ttioarn b!o,iv tee ms (,001) U.04 (UIU) (U0- l)
TutOui!h ecurm 11rcih1e1ncsui1v1c1 e/(l.uss) 0,·0 3 (05.)0 1012. 0.01
9 Tomeio 1111r1cshieiwnn rnm(e5 +)6 18.55 -I.I-I 11.97 Jl.88
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