Acquisitions28 Nov 2024, 08:54 pm
WABCO Asia Private Limited Acquires Shares of ZF Commercial Vehicle Control Systems India Ltd
AI Summary
WABCO Asia Private Limited has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for the takeover of ZF Commercial Vehicle Control Systems India Limited. The acquisition involves 820,000 shares, reducing the total voting rights of ZF Commercial Vehicle Control Systems India Limited from 67.49% to 63.16%. The acquisition was made through open market sale on November 27, 2024.
Key Highlights
- WABCO Asia Private Limited acquires 820,000 shares of ZF Commercial Vehicle Control Systems India Limited
- The total voting rights of ZF Commercial Vehicle Control Systems India Limited decreases from 67.49% to 63.16%
- The acquisition was made through open market sale
- The acquisition date was November 27, 2024