There is good news for investors of ZF Commercial Vehicle Control Systems India Ltd. The company has announced a bonus issue for the first time in its history.
Eligible shareholders will receive 5 bonus shares for every 1 share they own.
Record Date Announced
The company has fixed June 24, 2026, as the record date for the bonus issue. Investors who hold shares of the company by this date will be eligible to receive the bonus shares.
Since the record date is June 24, the stock will trade as an ex-bonus share on the same day.
How Has the Stock Performed?
On Friday, the company’s shares closed at ₹15,764 on the BSE.
The stock has delivered a 17% return in the last three months and gained 19% over the past year.
Over a longer period, the performance has been mixed but positive. The stock is up 31% in three years, 126% in five years, and 180% in ten years.
The company’s market capitalization currently stands at around ₹29,900 crore. Its 52-week high is ₹16,592.85.
Dividend Benefit Also Available
Apart from the bonus issue, the company has been regularly rewarding shareholders through dividends.
The company has announced a dividend of ₹4 per share, and the stock will trade ex-dividend next month.
Earlier, in May 2025, the company had paid a dividend of ₹19 per share to its shareholders.
Important Note
Bonus shares and dividends can benefit investors, but stock market investments always carry risks. Investors should carefully evaluate their financial goals and consult a financial expert before making any investment decision.
