ZF Steering Gear (India) Limited informed that the second term of Mr. Manish Motwani, as an Independent Director of the Company, ends on the close of business hours on March 31, 2024. It is further informed that, Mr. Manish Motwani was re-appointed as an Independent Director by the Board of Directors of the Company, for second consecutive term of 5 years with effect from April 1, 2019, at its meeting held on March 7, 2019. During his tenure as an Independent Director of the Company, he held position as Member of the Audit Committee and Member of the Nomination and Remuneration Committee of the Board of Directors of the Company.