ZF Commercial Vehicle Control Systems India Limited
Kotak Mutual Fund increased its stake in ZF Commercial Vehicle Control Systems India Limited from 2.16% to 2.72%, purchasing 6,35,128 shares.
A leading provider of advanced braking systems and air-assisted technologies for commercial vehicles in India, operating under the ZF WABCO brand as part of ZF Group's Commercial Vehicle Control Systems Division. The company manufactures conventional braking products and develops software solutions for the automotive sector. Headquartered in Chennai, it holds the dominant market position in braking systems and related control technologies across India's commercial vehicle industry.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.