ZF Commercial Vehicle Control Systems India Limited — Important, 20-02-2025: Updates

Mr. Jose Raj, who was set to join ZF Commercial Vehicle Control Systems India Limited as Head of Human Resources and Senior Management Personnel effective March 19, 2025, has decided not to take up the position. This development may reflect challenges in the company's recruitment efforts or potential shifts in leadership strategy. Investors should watch closely for further updates regarding leadership changes, as they can significantly influence operational direction and company performance.