ZFCVINDIA: Shareholders Approve Appointment of Ivan Brajdic as Director
ZF Commercial Vehicle Control Systems India Limited (formerly WABCO INDIA Limited) has announced the proceedings of its 10th Postal Ballot, which concluded on December 18, 2025. The e-voting process, ...
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Why is ZF Commercial Vehicle Control Systems India Limited in the news today?
ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) is in the news due to the appointment of a new director was overwhelmingly approved by shareholders, indicating positive support for the company's governance.
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ZFCVINDIA: Shareholders Approve Appointment of Ivan Brajdic as Director
December 19, 2025, 02:00 PM
ZF Commercial Vehicle Control Systems India Limited (formerly WABCO INDIA Limited) has announced the proceedings of its 10th Postal Ballot, which concluded on December 18, 2025. The e-voting process, approved by the Board on November 4, 2025, sought member approval for the appointment of Mr. Ivan Brajdic (DIN: 11347495) as a Non-Executive Non-Independent Director.
The cut-off date for determining eligible members was November 14, 2025. The notice for the postal ballot was sent on November 18, 2025, primarily via email to 32,418 members, with physical forms not dispatched due to MCA relaxations. The notice was also filed with NSE and BSE and advertised on November 19, 2025, in Business Standard and Makkal Kural.
The remote e-voting commenced on November 19, 2025, at 9:00 AM and concluded on December 18, 2025, at 5:00 PM. A total of 387 members participated in the e-voting, casting 1,72,24,926 votes. The resolution to appoint Mr. Ivan Brajdic as a Non-Executive Non-Independent Director, liable to retire by rotation, was passed with an overwhelming majority of 99.94% in favor, with 366 members and 1,72,14,916 votes in favor, and only 21 members and 10,010 votes against. The appointment is effective from December 18, 2025.
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