NSEAction(s) initiated or orders passed12 Aug 2026 · 12 Aug 2026, 12:19 pm

Action(s) initiated or orders passed

ZF Commercial Vehicle Control Systems India Limited · ZFCVINDIA

✦ AI SummaryRegulatory

ZF Commercial Vehicle Control Systems India Limited has received a show cause notice from the Office of the Commissioner of GST & Central Excise, Audit-I Commissionerate, Chennai, proposing a demand of INR 27,99,29,495 primarily on account of excess availment of ITC, ineligible ITC, and excess availment of ITC on import as compared to GSTR-2B.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment4/10

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ZF Commercial Vehicle Control Systems India Limited has informed the Exchange about receipt of show cause notice

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WABCOINDIA_12082026121900_SdSE_SCN.pdf

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Commercial Vehicle Solutions ZF Group · ZF Commercial Vehicle Control Systems India Limited, Chennai 600058 Department Finance From C V Kavviya Phone +91 044-4224 2000 Email cv.kavviya@zf.com Date August 12, 2026 The Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai 400 001 Scrip code: 533023 Listing Department National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G Bandra - Kurla Complex Bandra (E), Mumbai 400 051 Trading Symbol: ZFCVINDIA ISIN : INE342J01019 Dear Sir/Madam, Sub: Disclosure pursuant to Regulation 30 – Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") Pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015. This is to inform that the Company has received a show cause notice from The Office of the Commissioner of GST & Central Excise, Audit-I Commissionerate, Chennai In this connection, details are furnished in Annexure-1 as per Regulation 30 of SEBI LODR read with “Industry Standards Note on Regulation 30 of LODR Regulations” issued by SEBI. We declare that the information and details provided in Annexure-1 in compliance with Regulation 30(13) of SEBI LODR herein, are true, correct and complete to the best of our knowledge and belief. Please acknowledge the receipt of the letter. Thanking you, Yours sincerely, For ZF Commercial Vehicle Control Systems India Limited C V Kavviya Company Secretary & Compliance Officer ZF Group ZF Commercial Vehicle Control Systems India Limited (Formerly known as WABCO INDIA Limited) Plot No.3 (SP), Third Main Road, Registered Office: Plot No.3 (SP), Third Main Road, Ambattur Industrial Estate, Ambattur Industrial Estate, Chennai - 600058. India Chennai - 600058. India CIN: L34103TN2004PLC054667 Phone: +91 44 4224 2000 Phone: +91 44 42242000. Fax: +91 44 42242009 Fax: +91 44 4224 2009 www.zf.com www.zf.com Annexure-1 Disclosure by ZF Commercial Vehicle Control Systems India Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority] S.No Particulars Details 1. Name of the listed company ZF Commercial Vehicle Control Systems India Limited 2. Type of communication received Show Cause notice dated August 11, 2026 received via e- mail 3. Date of receipt of communication August 11, 2026 4. Authority from whom communication received The Additional Commissioner GST & Central Excise, Audit-I • Commissionerate, Chennai 5. Brief summary of the material contents of the Show Cause Notice issued communication received, including reasons for receipt of pursuant to audit conducted the communication under Section 65 of CGST Act, 2017, proposing demand of INR 27,99,29,495 primarily on account of excess availment of ITC as reflected in Table 8(D) of GSTR-9, availment of ineligible ITC, excess availment of ITC on import as compared to GSTR- 2B, ineligible ITC on import on account of time limitation. 6. Period for which communication would be applicable, if April 2020 to March 2024 stated 7. Expected financial implications on the listed company, if There is no material impact of any the same on financial, operations or other activities of the Company. 8. Details of any aberrations/non-compliances identified by As detailed in point 5 above the authority in the communication 9. Details of any penalty or restriction or sanction imposed The Show Cause Notice pursuant to the communication Proposes to levy penalty under Section 74 of the CGST Act 10. Action(s) taken by listed company with respect to the The Company is in the process communication of filing a detailed response to the Show Cause Notice 11. Any other relevant information Nil ZF Group ZF Commercial Vehicle Control Systems India Limited (Formerly known as WABCO INDIA Limited) Plot No.3 (SP), Third Main Road, Registered Office: Plot No.3 (SP), Third Main Road, Ambattur Industrial Estate, Ambattur Industrial Estate, Chennai - 600058. India Chennai - 600058. India CIN: L34103TN2004PLC054667 Phone: +91 44 4224 2000 Phone: +91 44 42242000. Fax: +91 44 42242009 Fax: +91 44 4224 2009 www.zf.com www.zf.com