Cummins India has announced an interim dividend of ₹20 per share for its shareholders, marking a significant distribution during the current financial period.

Dividend Declaration Details

The company's board has approved the interim dividend payment, which will benefit all eligible shareholders. This announcement represents a direct cash return to investors and demonstrates the company's commitment to shareholder value creation.

Shareholder Impact

The interim dividend of ₹20 per share will provide immediate returns to Cummins India shareholders. This distribution reflects the company's financial capability to reward investors while maintaining its operational requirements.

Shareholders who are eligible as per the record date will receive the dividend payment directly to their registered bank accounts or through dividend warrants, depending on their payment preferences registered with the company.

Corporate Action Significance

The declaration of an interim dividend indicates the company's confidence in its cash flow position and financial stability. Unlike final dividends that are typically declared at the end of the financial year, interim dividends are distributed during the financial year, providing shareholders with more immediate returns on their investment.

This dividend announcement adds to the total returns that Cummins India shareholders can expect for the current financial period, enhancing the overall investment proposition for existing and potential investors.

Cummins India Limited has announced the completion of its strategic investment in Clean Max Yellowstone Private Limited, marking a significant milestone in the company's expansion into renewable energy ventures. The transaction, completed on January 29, 2026, represents the final phase of a multi-tranche investment agreement that was previously disclosed to the stock exchanges.

Investment Details

The second and final tranche of the investment involved the allotment of 22,372 equity shares by Clean Max Yellowstone Private Limited to Cummins India Limited. The transaction details are structured as follows:

Regulatory Compliance and Documentation

The investment completion was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Cummins India Limited has maintained transparency throughout the process with multiple intimations to the stock exchanges. The company confirmed that all relevant details provided in the earlier intimation dated December 18, 2025, remain unchanged, eliminating the need for repetitive disclosures.

The transaction follows the terms of the Shareholders' Agreement (SHA) that was established for this investment structure. Previous communications regarding this investment were made on December 18, 2025, December 29, 2025, and January 5, 2026, demonstrating the company's commitment to regulatory compliance and stakeholder transparency.

Strategic Significance

With this completion, Cummins India Limited has fulfilled its entire investment commitment pursuant to the SHA with Clean Max Yellowstone Private Limited. The 8.78% equity stake positions Cummins India as a significant stakeholder in Clean Max's operations, aligning with the growing focus on renewable energy solutions in the Indian market.

The investment represents Cummins India's strategic diversification into clean energy ventures, complementing its core business operations. Clean Max Yellowstone Private Limited operates in the renewable energy sector, making this partnership strategically relevant for Cummins India's long-term sustainability objectives.

Corporate Governance

The disclosure was signed by Vinaya A. Joshi, Company Secretary & Compliance Officer of Cummins India Limited, ensuring proper corporate governance protocols were followed. The information has been made available on the company's official website at www.cumminsindia.com , providing stakeholders with easy access to the investment details.

This completion marks the end of the structured investment process, with Cummins India Limited now holding its intended equity position in Clean Max Yellowstone Private Limited as per the original agreement framework.