ZF Steering Gear seeks reclassification of three promoters to public category

ZF Steering Gear (India) Limited announced today, September 11, 2025, that it has submitted an application to BSE Limited seeking a No-Objection Certificate for the reclassification of three promoters from the 'Promoter' category to the 'Public' category. This follows earlier disclosures on August 5, 2025, and August 12, 2025, regarding the subject, and the outcome of a board meeting held on September 8, 2025, which approved the request for reclassification.

The promoters targeted for reclassification include Mrs. Amita Jinendra Munot, holding 147,215 equity shares (1.62% shareholding), Mr. Piyush Jinendra Munot, with 116,235 equity shares (1.28% shareholding), and Mr. Yash Munot, holding 112,350 equity shares (1.24% shareholding).

This disclosure, which is also available on the company's website, marks a significant step in potentially adjusting the public shareholding of ZF Steering Gear (India) Limited.