Bosch Mulls Stake Sale in ZF Steering Gear

ZF Steering Gear (India) Limited  told the exchange that it had received a joint communication from Robert Bosch Automotive Steering GmbH, Mr. Dinesh Munot and Mr. Utkarsh Munot, dated March 10, 2023

The letter states that Robert Bosch Automotive Steering GmbH, Mr. Dinesh Munot and Mr. Utkarsh Munot, being the existing promoters of the Company, are in preliminary discussions, to explore the sale of shares of the Company held by Robert Bosch Automotive Steering GmbH to Mr. Dinesh Munot and Mr. Utkarsh Munot.