The company has announced a bonus issue in the ratio of 5:1, which means eligible shareholders will receive five bonus shares for every one share they own as on the record date, which is today.
This is the first instance of the company issuing bonus shares to its shareholders. Till date, the company has regularly paid dividends to shareholders on an annual basis. Besides the bonus, the board also approved a final dividend of ₹4 per share, the record date for which has been fixed as July 10.
What Does This Mean For Shareholders?
For example, if a shareholder has 20 shares of the company as on the record date, he / she will be eligible to avail five bonus shares for every one share held.
This means, the overall tally of the shareholder will now become 100 shares (20 X 5 Bonus Shares Each), while the value of the holdings will remain the same as the stock price will adjust according to the bonus issue ratio.
For those shareholders who had shares of ZF Commercial in their demat account as of Monday’s closing, will be eligible to avail the bonus shares. In case you buy the shares today, there will be no bonus shares issued to you.
Who Owns Stake in ZF Commercial?
At the end of the March quarter, promoters of ZF Commercial held a 60% stake in the company, as per the shareholding pattern uploaded on the BSE.
Among public shareholders, Mutual Funds held close to 25% stake in the company, led by SBI MF (7.27%), Sundaram MF (1.14%), Nippon Life India MF (3.7%), Kotak MF (2.16%), Aditya Birla Sun Life MF (2.16%), and ICICI Prudential MF (1.44%).
Foreign Portfolio Investors had a 5.78% stake in the company, while as many as 30,000 small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 5.93% stake as of March 31.
ZF Commercial is engaged in the advanced braking, stability and transmission automation systems, known for supplying critical components and software to the Commercial Vehicles industry.
Shares of ZF Commercial Vehicle Control System India Ltd. ended 3.7% higher on Tuesday at ₹16,162. The stock is up 10% so far in 2026.
