In SIPCOT Industrial-park at Vallam-Vadagal, Chennai
ZF Steering Gear India announced that at the Meeting of Board of Directors held on 04 November 2015, the Board, in-principle had decided to acquire an Industrial Plot in State Industries Promotion Corporation of Tamilnadu (SIPCOT) Industrial-park at Vallam-Vadagal, Chennai.In view of the further discussion and analysis, the Company has decided to differ the implementation of the proposal to acquire Industrial Plot. Thus, the decision of the Board of Directors of the Company dated 04 November 2015 to acquire the said Industrial Plot, stands cancelled for the time being.
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