Cummins Inc., the promoter of Cummins India Limited (CIL), has submitted a formal declaration to the stock exchanges confirming that no encumbrance has been created on any shares of CIL for the financial year ended March 31, 2026. The declaration was filed on April 01, 2026, in compliance with the applicable securities regulations governing substantial acquisition of shares and takeovers in India.

Regulatory Declaration Under SEBI Takeover Regulations

The declaration has been made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to annually confirm whether any encumbrance has been created on their shareholding in the listed entity, either directly or indirectly, including through persons acting in concert (PAC).

The key details of the filing are summarised below:

Filing Submitted to Stock Exchanges

The declaration was addressed to both BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001, and the National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai 400 051. The filing has also been copied to the Members of the Audit Committee of Cummins India Limited.

The declaration was signed by Nicole Y. Lamb-Hale, Corporate Secretary of Cummins Inc., on behalf of the promoter entity. The submission requests both exchanges to take the declaration on record in accordance with applicable regulatory requirements.

Cummins India Limited has successfully conducted postal ballot proceedings for the approval of revision in remuneration of Managing Director Ms. Shveta Arya. The company announced the completion of the voting process through a formal communication dated April 21, 2026, signed by Company Secretary & Compliance Officer Vinaya A. Joshi.

Postal Ballot Details

The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and relevant rules and regulations. The process sought shareholder approval for a single resolution:

Timeline and Process

The postal ballot notice was dated March 11, 2026, with Friday, March 13, 2026, established as the cut-off date for determining eligible shareholders. The notice was sent exclusively by email on Wednesday, March 18, 2026, to members whose email addresses were registered with depositories or the company's Registrar and Share Transfer Agent.

Remote E-Voting Schedule

Regulatory Compliance and Notifications

The company ensured full compliance with regulatory requirements by publishing advertisements in newspapers. A pre-dispatch notice was published in Business Standard (English) and Loksatta (Marathi) on Friday, March 13, 2026. Subsequently, a public notice confirming the dispatch of postal ballot notices was published in the same newspapers on Thursday, March 19, 2026.

Technical Infrastructure

The remote e-voting facility was provided through MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent. Individual shareholders holding shares in demat mode were additionally provided with single login credential facility through their demat accounts, websites of depositories, or Depository Participants, pursuant to SEBI Master Circular dated November 11, 2024.

Scrutinizer Appointment

The Board of Directors appointed M/s. Mehta & Mehta, Company Secretaries, as the Scrutinizer for conducting the postal ballot voting process in a fair and transparent manner, as required under Rule 22(5) of the Companies (Management and Administration) Rules, 2014.

Result Declaration Process

The company has authorized the Chairperson or Company Secretary to declare the voting results along with the Scrutinizer's report once received. The results will be published on the company's website at www.cumminsindia.com and on the websites of stock exchanges BSE Limited and National Stock Exchange of India Limited within statutory timelines.