Board Meeting12 May 2026, 01:40 pm
ZF Steering: Dinesh & Utkarsh Munot Re-appointed as Directors
AI Summary
ZF Steering Gear India Ltd. announced the re-appointment of Mr. Dinesh Munot as Chairman and Whole-Time Director for five years effective July 28, 2026, and Mr. Utkarsh Munot as Managing Director for five years effective May 19, 2026. The board also approved the expansion of Metacast Auto Private Limited's casting capacity from 10,000 to 25,000 metric tonnes per annum with an investment of approximately ₹25 crore. Audited financial results for the quarter and year ended March 31, 2026, were also approved.
Key Highlights
- Dinesh Munot re-appointed as Chairman and Whole-Time Director for five years.
- Utkarsh Munot re-appointed as Managing Director for five years.
- Metacast Auto to expand casting capacity with ₹25 crore investment.
- Audited standalone and consolidated financial results approved for FY26.
- Board meeting held on May 12, 2026, to approve these decisions.
Price Impact
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