Cummins India logo

Cummins India MD, chairman, board of directors and AGM

NSE: CUMMINSINDBSE: 500480Industrial ProductsLarge Cap

Formerly Kirloskar Cummins
Last close ₹4,344.20down ₹115.80 (2.60%)BSE ₹4,338.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹4,460.00.

52-week range of traded prices to 23 Oct 2026
₹3,883.10Low, 27 Jan 2026₹6,100.00High, 29 May 2026
Market cap
₹1,20,421 Cr72nd largest listed
P/E
50.9
P/B
14.2
Dividend yield
1.52%
ROE
29.5%
ROCE
28.1%
Debt to equity
0.00
Volume, NSE
4,64,79653.9% delivered

Cummins India board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonJennifer Mary Bush
  • Managing directorShveta Arya
  • Company Secretary and Compliance OfficerVinaya A. Joshi

10 directors5 independent1 executive4 non-executive

  • Jennifer Mary Bush · ChairpersonNon-executive · joined Nov 2022 · 0 months as independent · 1 listed board · 1 committee seat
  • Shveta Arya · Managing directorExecutive · joined Aug 2024 · 0 months as independent · 1 listed board · 1 committee seat
  • Vibha Paul RishiIndependent · joined Aug 2025 · reappointed Aug 2025 · 11 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
  • RekhaIndependent · joined Aug 2022 · reappointed Aug 2022 · 47 months as independent · 1 listed board · 1 as independent
  • Lira GoswamiIndependent · joined May 2023 · reappointed May 2023 · 38 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Farokh Nariman SubedarIndependent · joined May 2024 · reappointed May 2024 · 26 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Sekhar NatarajanIndependent · joined May 2024 · reappointed May 2024 · 26 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 as chair
  • Donald Jackson GrayNon-executive · joined Oct 2018 · 0 months as independent · 1 listed board · 1 committee seat
  • Cornelius O'SullivanNon-executive · joined Nov 2024 · 0 months as independent · 1 listed board · 1 committee seat
  • Thierry Bruno Pimi NouyeuweNon-executive · joined Aug 2025 · 0 months as independent · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • Rama Bijapurkar, left 16 Jun 2025: Tenure Completion
  • Bonnie Jean Fetch, left 29 May 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 27 May 202610 of 10 present5 independent · 76 days in between
    • 11 Mar 20269 of 10 present5 independent · 34 days in between
    • 4 Feb 202610 of 10 present5 independent

  • Audit Committee

    Chair Farokh Nariman Subedar

    Sekhar Natarajan, Lira Goswami, Donald Jackson Gray, Jennifer Mary Bush, Vibha Paul Rishi

    • 27 May 20266 of 6 present4 independent · 63 days in between
    • 24 Mar 20265 of 6 present4 independent · 47 days in between
    • 4 Feb 20266 of 6 present4 independent

  • Nomination and remuneration committee

    Chair Vibha Paul Rishi

    Sekhar Natarajan, Farokh Nariman Subedar, Jennifer Mary Bush

    • 22 May 20264 of 4 present3 independent · 71 days in between
    • 11 Mar 20264 of 4 present3 independent · 34 days in between
    • 4 Feb 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Lira Goswami

    Sekhar Natarajan, Shveta Arya, Cornelius O'Sullivan

    • 21 May 20263 of 4 present2 independent

  • Risk Management Committee

    Chair Sekhar Natarajan

    Lira Goswami, Shveta Arya, Rekha

    • 21 May 20264 of 4 present3 independent · 105 days in between
    • 4 Feb 20264 of 4 present3 independent

  • Corporate Social Responsibility Committee

    Chair Lira Goswami

    Farokh Nariman Subedar, Shveta Arya, Rekha, Vibha Paul Rishi, Thierry Bruno Pimi Nouyeuwe

    • 22 May 20265 of 6 present4 independent · 106 days in between
    • 4 Feb 20266 of 6 present4 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Price Waterhouse & Co Chartered Accountants LLPPeer-review certificate valid to Nov 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Cummins India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Cummins India dividend history

Postal ballot, 15 Oct 2026

1,76,687 shareholders on the register on 11 Sep 2026; votes counted by Ms. Ashwini Inamdar / Mehta and Mehta, Company Secretaries.The company's voting result (opens in a new tab)

  1. To approve payment of Commission to Non-executive Independent Directors of the Company.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.17% · other public 2.41%

    Turnout: all 86.48% · promoters 100.00% · institutions 87.87% · other public 0.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 6 Aug 2026, 10 resolutions

1,80,875 shareholders on the register on 30 Jul 2026; present: 1 promoter and 62 others; votes counted by Ms. Ashwini Inamdar / M/s. Mehta and Mehta, Company Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, along-with the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.19%

    Turnout: all 87.04% · promoters 100.00% · institutions 89.50% · other public 0.24%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, along-with the report of the Auditors thereon.
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.64% · other public 0.19%

    Turnout: all 87.04% · promoters 100.00% · institutions 89.50% · other public 0.24%

  3. To declare final dividend of Rs. 46 (Rupees Forty-six only) per equity share of face value of Rs. 2 (Rupees Two only) each and to confirm payment of interim dividend of Rs. 20 (Rupees Twenty only) per equity share respectively, for the Financial Year ended on March 31, 2026.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 87.09% · promoters 100.00% · institutions 89.62% · other public 0.24%

  4. To appoint a Director in place of Mr. Donald Jackson Gray (DIN: 08261104), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    96.89% for3.11% against

    Against: promoters 0.00% · institutions 7.52% · other public 0.44%

    Turnout: all 87.09% · promoters 100.00% · institutions 89.62% · other public 0.24%

  5. To re-appoint M/s. Price Waterhouse and Co Chartered Accountants LLP, as the Statutory Auditors of the Company and authorize Board of Directors to fix the remuneration.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.44%

    Turnout: all 87.09% · promoters 100.00% · institutions 89.62% · other public 0.24%

  6. To ratify remuneration payable to the Cost Auditor, M/s. Joshi Apte and Associates, Cost Accountants for the Financial Year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 87.09% · promoters 100.00% · institutions 89.62% · other public 0.24%

  7. To approve material related party transaction(s) with Cummins Technologies India Private Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 36.09% · promoters 0.00% · institutions 89.62% · other public 0.24%

  8. To approve material related party transaction(s) with Tata Cummins Private Limited.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 36.09% · promoters 0.00% · institutions 89.62% · other public 0.24%

  9. To approve material related party transaction(s) with Cummins Limited, UK.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.57%

    Turnout: all 36.09% · promoters 0.00% · institutions 89.62% · other public 0.24%

  10. To approve material related party transaction(s) with Cummins Inc., USA.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.57%

    Turnout: all 36.09% · promoters 0.00% · institutions 89.62% · other public 0.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 20 Apr 2026, 1 resolution

1,65,668 shareholders on the register on 13 Mar 2026; votes counted by Ms. Ashwini Inamdar / Mehta and Mehta, Company Secretaries.The company's voting result (opens in a new tab)

  1. Approval for revision in remuneration of Ms. Shveta Arya (DIN: 08540723), Managing Director of the Company.
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 1.92% · other public 0.41%

    Turnout: all 86.71% · promoters 100.00% · institutions 88.51% · other public 0.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 5 Jan 2026, 2 resolutions

1,71,130 shareholders on the register on 28 Nov 2025; votes counted by Ms. Ashwini Inamdar / Mehta and Mehta, Company Secretaries.The company's voting result (opens in a new tab)

  1. To approve additional material related party transaction(s) with Cummins Inc., USA
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 35.47% · promoters 0.00% · institutions 88.34% · other public 0.56%

  2. To approve additional material related party transaction(s) with Cummins Limited, UK
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 35.47% · promoters 0.00% · institutions 88.34% · other public 0.56%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Oct 2025, 2 resolutions

1,63,492 shareholders on the register on 29 Aug 2025; votes counted by PRAMODKUMAR RAMESH LADDA / M/S LADDA BHUTADA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Thierry Bruno Pimi Nouyeuwe (DIN: 11225590) as a Director (Non-Executive and Non- Independent) of the Company
    Ordinary
    99.67% for0.33% against

    Against: promoters 0.00% · institutions 0.81% · other public 1.19%

    Turnout: all 86.68% · promoters 100.00% · institutions 88.78% · other public 0.67%

  2. Appointment of Ms. Vibha Paul Rishi (DIN: 05180796) as a Non-Executive Independent Director of the Company
    Special
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.36% · other public 1.33%

    Turnout: all 86.68% · promoters 100.00% · institutions 88.78% · other public 0.67%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 8 Aug 2025, 10 resolutions

1,66,836 shareholders on the register on 1 Aug 2025; present: 1 promoter and 51 others; votes counted by Pramodkumar R. Ladda / M/S Ladda Bhutada and Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, along-with the reports of the Board of Directors and the Auditors thereon.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.14% · other public 0.12%

    Turnout: all 86.97% · promoters 100.00% · institutions 89.57% · other public 0.53%

  2. To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, along-with the Report of the Auditors thereon.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.14% · other public 0.12%

    Turnout: all 86.97% · promoters 100.00% · institutions 89.57% · other public 0.53%

  3. To declare final dividend on equity shares of the Company for the Financial Year ended March 31, 2025, and to confirm the payment of interim dividend for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 86.99% · promoters 100.00% · institutions 89.62% · other public 0.53%

  4. To appoint the Director in place of Ms. Jennifer Mary Bush (DIN: 09777114), who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    97.20% for2.80% against

    Against: promoters 0.00% · institutions 6.78% · other public 0.83%

    Turnout: all 86.99% · promoters 100.00% · institutions 89.61% · other public 0.53%

  5. To ratify remuneration payable to the Cost Auditor, M/S. C S Adawadkar & Co., for the Financial Year 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.51%

    Turnout: all 86.98% · promoters 100.00% · institutions 89.59% · other public 0.53%

  6. To approve material related party transaction(s) with Cummins Technologies India Private Limited.
    OrdinaryPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 2.06% · other public 0.20%

    Turnout: all 35.99% · promoters 0.00% · institutions 89.61% · other public 0.53%

  7. To approve material related party transaction(s) with Tata Cummins Private Limited.
    OrdinaryPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 2.06% · other public 0.27%

    Turnout: all 35.99% · promoters 0.00% · institutions 89.61% · other public 0.53%

  8. To approve material related party transaction(s) with Cummins Limited, UK.
    OrdinaryPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 2.06% · other public 0.32%

    Turnout: all 35.99% · promoters 0.00% · institutions 89.61% · other public 0.53%

  9. To approve material related party transaction(s) with Cummins Inc., USA.
    OrdinaryPromoters have an interest in it
    97.94% for2.06% against

    Against: promoters 0.00% · institutions 2.06% · other public 0.33%

    Turnout: all 35.99% · promoters 0.00% · institutions 89.61% · other public 0.53%

  10. To approve the appointment of M/s. Makarand M. Joshi & Co., as the Secretarial Auditors of the Company.
    Ordinary
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 1.67% · other public 0.14%

    Turnout: all 86.98% · promoters 100.00% · institutions 89.61% · other public 0.53%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Jan 2025, 1 resolution

1,79,846 shareholders on the register on 29 Nov 2024; votes counted by Pramodkumar R. Ladda / M/s Ladda Bhuatada & Associates.The company's voting result (opens in a new tab)

  1. 1 - Appointment of Mr. Cornelius O’Sullivan (DIN: 10829830) as a Director (Non-Executive and Non-Independent) of the Company
    Ordinary
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.85% · other public 0.60%

    Turnout: all 85.99% · promoters 100.00% · institutions 87.39% · other public 0.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Oct 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. To appoint Ms. Shveta Arya (DIN: 08540723) as a Director and as Managing Director (Key Managerial Personnel) of the Company along-with remuneration
    Ordinary
    97.87% for2.13% against

    Against: promoters 0.00% · institutions 5.18% · other public 0.39%

    Turnout: all 86.71% · promoters 100.00% · institutions 88.86% · other public 1.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 6 Aug 2026, 17 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, along-with the reports of the Board of Directors and the Auditors thereon.MoreLess
    17 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, along-with the report of the Auditors thereon.
    17 for0 against
  • To declare final dividend of Rs. 46 (Rupees Forty-six only) per equity share of face value of Rs. 2 (Rupees Two only) each and to confirm payment of interim dividend of Rs. 20 (Rupees Twenty only) per equity share respectively, for the Financial Year ended on March 31, 2026.MoreLess
    17 for0 against
  • To appoint a Director in place of Mr. Donald Jackson Gray (DIN: 08261104), who retires by rotation and being eligible, offers himself for re-appointment.
    17 for0 against
  • To re-appoint M/s. Price Waterhouse and Co Chartered Accountants LLP, as the Statutory Auditors of the Company and authorize Board of Directors to fix the remuneration.
    17 for0 against
  • To ratify remuneration payable to the Cost Auditor, M/s. Joshi Apte and Associates, Cost Accountants for the Financial Year 2026-27.
    17 for0 against
  • To approve material related party transaction(s) with Cummins Technologies India Private Limited.
    17 for0 against
  • To approve material related party transaction(s) with Tata Cummins Private Limited.
    17 for0 against
  • To approve material related party transaction(s) with Cummins Limited, UK.
    17 for0 against
  • To approve material related party transaction(s) with Cummins Inc., USA.
    17 for0 against

Mutual fund votes, meeting of 20 Apr 2026, 39 fund houses

  • Approval for revision in remuneration of Ms. Shveta Arya (DIN: 08540723), Managing Director of the Company.
    39 for0 against
5 earlier meetings

Mutual fund votes, meeting of 5 Jan 2026, 37 fund houses

  • To approve additional material related party transaction(s) with Cummins Inc., USA
    37 for0 against
  • To approve additional material related party transaction(s) with Cummins Limited, UK
    37 for0 against

Mutual fund votes, meeting of 7 Oct 2025, 34 fund houses

  • Appointment of Mr. Thierry Bruno Pimi Nouyeuwe (DIN: 11225590) as a Director (Non-Executive and Non- Independent) of the Company
    34 for0 against
  • Appointment of Ms. Vibha Paul Rishi (DIN: 05180796) as a Non-Executive Independent Director of the Company
    34 for0 against

Mutual fund votes, meeting of 8 Aug 2025, 33 fund houses

  • To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, along-with the reports of the Board of Directors and the Auditors thereon.
    33 for0 against
  • To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, along-with the Report of the Auditors thereon.
    33 for0 against
  • To declare final dividend on equity shares of the Company for the Financial Year ended March 31, 2025, and to confirm the payment of interim dividend for the Financial Year 2024-25.
    33 for0 against
  • To appoint the Director in place of Ms. Jennifer Mary Bush (DIN: 09777114), who retires by rotation and being eligible, offers herself for re-appointment.
    33 for0 against
  • To ratify remuneration payable to the Cost Auditor, M/S. C S Adawadkar & Co., for the Financial Year 2025-26.
    33 for0 against
  • To approve material related party transaction(s) with Cummins Technologies India Private Limited.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale /exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • LIC Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    25 for8 against
  • To approve material related party transaction(s) with Tata Cummins Private Limited.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale /exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    25 for8 against
  • To approve material related party transaction(s) with Cummins Limited, UK.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale /exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • LIC Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    25 for8 against
  • To approve material related party transaction(s) with Cummins Inc., USA.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale /exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    • LIC Mutual FundTransparency Concern: In absence of adequate disclosures, it is unclear as to how purchase / sale / exchange / transfer / lease of business asset(s) is falling within the Ordinary Course of Business for the Company.
    25 for8 against
  • To approve the appointment of M/s. Makarand M. Joshi & Co., as the Secretarial Auditors of the Company.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
    • Angel One Mutual FundTransparency Concern: Previous Auditor’s remuneration has not been disclosed, and the Company has not addressed if there is any Material Change in the Audit Fee.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Transparency Concern: Previous Auditor’s remuneration has not been disclosed, and the Company has not addressed if there is any Material Change in the Audit Fee.
    • PGIM India Mutual FundCompliant with law. Transparency Concern: Previous Auditor s remuneration has not been disclosed, and the Company has not addressed if there is any Material Change in the Audit Fee.
    27 for6 against

Mutual fund votes, meeting of 7 Jan 2025, 31 fund houses

  • 1 - Appointment of Mr. Cornelius O’Sullivan (DIN: 10829830) as a Director (Non-Executive and Non-Independent) of the Company
    31 for0 against

Mutual fund votes, meeting of 17 Oct 2024, 31 fund houses

  • To appoint Ms. Shveta Arya (DIN: 08540723) as a Director and as Managing Director (Key Managerial Personnel) of the Company along-with remuneration
    31 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyAssistant Commissioner, Divison-V, (Khadakwasla),CGST Pune-II, CommissionerateSince 2 Jul 2026

    Intimation for Recovery of Interest Liability under Section 79 of the CGST Act, 2017 pursuant to Summary Order issued under Section 75 of the CGST Act, 2017

    The Learned Proper Officer, vide the impugned Summary Order in Form DRC-07 read with Form DRC-01D, has alleged that the Appellant i.e. Cummins India Limited, is liable to pay interest amounting to Rs. 2,63,265/- on account of an alleged delay in the discharge of tax liabilityMoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 2 complaints open, quarter to Mar 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.