Deals30 Dec 2025, 05:01 pm
ZF Steering Gear India's Subsidiary Secures Rs. 151 Crore Order from Leading Indian Business Conglomerate
AI Summary
ZF Steering Gear India Ltd. has announced that its wholly owned subsidiary, DriveSys Systems Private Limited - Aluminium Division, has received a significant order worth approximately Rs. 151 crore from a leading Indian business conglomerate for the supply of machined Aluminum parts. The order is to be executed within a period of fifteen months. The company has not disclosed the name of the counterparty to protect commercial confidentiality.
Key Highlights
- ZF Steering Gear India's subsidiary, DriveSys Systems Private Limited - Aluminium Division, has received a significant order worth approximately Rs. 151 crore.
- The order has been received from a leading Indian business conglomerate for the supply of machined Aluminum parts.
- The order is to be executed within a period of fifteen months.
- The name of the counterparty has not been disclosed to protect commercial confidentiality.
- The order is not a related party transaction and has been received in the normal course of business.