ZF Commercial Vehicle Control Systems India Limited — Others, 20-05-2025: Action(s) taken or orders passed

ZF Commercial Vehicle Control Systems India has announced a board meeting. The company resolved a tax dispute involving non-deduction of tax at source on payments to a Belgium entity by settling under the Direct Tax Vivad Se Vishwas Scheme 2024 with a payment of INR 9.1 lakh. The appeal against the tax order was dismissed, and the company chose settlement over further litigation. This resolution has no material impact on the company’s financials or operations.