ZF Steering Gear (India) Limited informed the exchange that the joint venture of the company namely Metacast Auto Private Limited (Metacast) had acquired leasehold rights of Industrial Land admeasuring 24,000 Sq. Mtrs. within the jurisdiction of Maharashtra Industrial Development Corporation (MIDC) Area, Kagal – Hatkalangale, Five Star Industrial Area, Village – Halsavade, Tal. Karveer, Dist. Kolhapur along with Industrial Shed admeasuring 2363 Sq. Mtrs. (approx.).