Cummins India Limited has fixed Friday, July 17, 2026, as the record date to determine eligible shareholders entitled to receive the final dividend for the financial year 2025-26. The Board of Directors has recommended a payout of ₹46 per equity share, representing 2,300% on the face value of ₹2 each. This dividend is subject to approval by shareholders at the Annual General Meeting (AGM) scheduled for Thursday, August 06, 2026. The company has stated that the dividend will be paid on or before Friday, September 04, 2026, pending approval.

In compliance with SEBI regulations, payment of dividends will be made exclusively through electronic mode to all members holding shares in demat or physical form. Members holding securities in physical mode must update their KYC details, including valid PAN, contact details, bank account information, and specimen signature, to ensure seamless credit of dividends. Shareholders are required to submit Form ISR-1 and ISR-2 to the Registrar and Share Transfer Agent (RTA) to update these details.

The company has notified shareholders that dividend income is taxable in their hands under the Income Tax Act, 2025, and Tax Deducted at Source (TDS) will be applicable. For resident shareholders with a valid PAN, TDS will be deducted at 10% or as notified by the Government of India, while those without a valid PAN or with an invalid PAN will face a deduction of 20%. Non-resident shareholders, including Foreign Portfolio Investors (FPIs), can avail beneficial rates under tax treaties by submitting relevant documents such as the Tax Residency Certificate and Form 41 by July 24, 2026.

Key AGM and Dividend Details

Cummins India Ltd. recorded a notable block trade on the National Stock Exchange (NSE), with the transaction valued at ₹18.25 crores. The trade involved approximately 32,461 shares executed at a price of ₹5622.50 per share, reflecting significant institutional-level participation in the counter.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Block trades are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in Cummins India underscores active interest in the stock at current price levels.