StockWatch
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Auto Components & Equipments
Management Change30 Apr 2026, 06:10 pm

ZF CVCS: Dr. Lars Orlik resigns as Non-Executive Director

AI Summary

ZF Commercial Vehicle Control Systems India Ltd announced the resignation of Dr. Lars Orlik from his position as Non-Executive Non-Independent Director, effective from the close of business hours on April 30, 2026. The company stated that his resignation is due to personal and professional commitments. Consequently, Dr. Orlik will also cease to be a member of the Audit Committee of the Board from the same date. The resignation letter was previously submitted and disclosed to the stock exchanges on April 27, 2026.

Key Highlights

  • Dr. Lars Orlik resigned as Non-Executive Non-Independent Director.
  • His resignation is effective from the close of business on April 30, 2026.
  • He will also cease to be a member of the Audit Committee.
  • The reason cited for his departure is personal and professional commitments.