Cummins India Limited's Board of Directors has taken a significant step regarding executive compensation, unanimously approving a revision in the remuneration package of Managing Director Ms. Shveta Arya. The decision was reached during the board meeting held on March 11, 2026, following recommendations from the company's Nomination and Remuneration Committee.

Board Meeting Details and Approval Process

The board meeting, which commenced at 16:50 hours and concluded at 17:05 hours, focused on the remuneration revision for Ms. Shveta Arya, who holds the Director Identification Number (DIN) 08540723. The unanimous approval reflects the board's confidence in the Managing Director's leadership and contribution to the company's operations.

Postal Ballot Process and Shareholder Approval

The board has approved the initiation of a postal ballot process to seek member approval for the remuneration revision. A formal Notice of Postal Ballot will be circulated to all shareholders of the company in due course, allowing them to vote on the proposed changes to the Managing Director's compensation package.

To ensure transparency and fairness in the voting process, the board has appointed M/s. Mehta & Mehta, Company Secretaries based in Pune, as the scrutinizer for the postal ballot's e-voting process. This appointment demonstrates the company's commitment to maintaining proper corporate governance standards.

Regulatory Compliance and Timeline

The company will adhere to all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the scrutinizer's report along with the complete e-voting results will be submitted to the stock exchanges within the prescribed timeline as stipulated in Regulation 44 of the SEBI regulations.

Corporate Communication

The intimation regarding this board decision has been made available on the company's official website at www.cumminsindia.com , ensuring transparency and easy access to information for all stakeholders. The formal communication was signed by Vinaya A. Joshi, Company Secretary & Compliance Officer, with membership number A25096, and was digitally signed on March 11, 2026, at 17:38:40 +05'30'.

This development represents a standard corporate governance process where significant executive compensation changes require both board approval and shareholder consent through the postal ballot mechanism, ensuring all stakeholders have a voice in important company decisions.

Cummins India delivered strong export performance in February 2026, demonstrating robust growth across international markets. The company reported significant expansion in its overseas business operations during the month.

Export Performance Highlights

The company's export metrics for February 2026 showed impressive growth across multiple timeframes:

Key Export Markets

Cummins India's export portfolio demonstrated strong geographical diversification with three major markets leading the company's international sales:

• China: Top export destination
• United States: Second-largest export market
• United Kingdom: Third-largest export market

The strong performance across these diverse markets reflects the company's ability to cater to varying regional demands and maintain competitive positioning in different geographical segments. The substantial month-over-month growth of 80% indicates significant momentum in the company's export operations, while the 21% year-over-year increase demonstrates sustained growth trajectory in international markets.

This export performance underscores Cummins India's expanding global footprint and the increasing international demand for its products across key markets in Asia, North America, and Europe.