BSEGeneral8 Oct 2026 · 8 Oct 2026, 06:16 pm
Outcome of the Board meeting of the Company held on October 8, 2026.
Cummins India Ltd · 500480
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Cummins India Ltd has announced the appointment of Mr. Adegbile Adedapo Adewunmi as an Additional Director and Managing Director, effective November 01, 2026, for a term of three consecutive years. The Board has proposed to seek approval of the members of the Company by way of postal ballot.
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Cummins India Ltd - 500480 - Board Meeting Outcome for Outcome Of The Board Meeting Held On October 8, 2026.
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Ref: STEX/SECT/2026
October 08, 2026
BSE Limited, National Stock Exchange of India Limited
P.J. Towers, Exchange Plaza, 5th Floor,
Dalal Street, Fort, Plot No. C/1, G Block, Bandra – Kurla Complex,
Mumbai – 400 001 Bandra (East), Mumbai – 400 051
BSE Scrip Code: 500480 NSE Symbol: CUMMINSIND
Sub: Outcome of the Board Meeting
Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/ Madam,
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, and based on the recommendation of
the Nomination and Remuneration Committee, the Board of Directors of Cummins India
Limited (‘the Company’), at its meeting held today, i.e., on Thursday, October 08, 2026,
approved the appointment of Mr. Adegbile Adedapo Adewunmi (DIN:11962843) as an
Additional Director and Managing Director, also designated as Key Managerial Personnel
of the Company, with effect from November 01, 2026, for a term of three consecutive years,
and the remuneration payable to him, subject to the approval of the members of the
Company and such other statutory approvals as may be applicable. A brief profile of
Mr. Adegbile Adedapo Adewunmi is enclosed herewith as Annexure I.
Further, pursuant to BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No.
NSE/CML/2018/24 dated June 20, 2018, and based on the confirmation received from the
Mr. Adewunmi and the information available with the Company, he is not debarred from
holding the office of Director by any order of the SEBI or any other such authority and is
accordingly not disqualified from being appointed as a Director of the Company.
Further, in terms of Regulation 30(5) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, and Company’s Policy for determination of materiality
for disclosure of event or information, Mr. Adewunmi will be additionally authorized to
determine materiality of an event or information and for the purpose of making disclosures
to Stock Exchange(s) and his contact details are being provided on the website of the
Company.
The requisite disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, read with Schedule III of Listing Regulations
and with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is enclosed as Annexure A.
C ummins India Limited
R egistered Office
C ummins India Office Campus
Tower A, 5th Floor, Survey No. 21, Balewadi
Pune 411 045 Maharashtra, India
Phone +91 20 67067000 Fax +91 20 67067015
cumminsindia.com
cil.investors@cummins.com CIN : L29112PN1962PLC012276
The Board has proposed to seek, approval of the members of the Company by way of postal
ballot inter-alia for the said appointment and in this regard, it has approved the Notice of
Postal Ballot, which will be circulated to the members of the Company in due course.
Further, the Board has appointed M/s. Mehta & Mehta, Company Secretaries, Pune, as a
Scrutinizer to scrutinize the Postal Ballot's e-voting process, in fair and transparent manner.
The Scrutinizer's report along with the e-voting results shall be submitted to the Stock
Exchange(s) within the prescribed timeline as stipulated in Regulation 44 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
This intimation is also being uploaded on the website of the Company at
www.cumminsindia.com.
Board Meeting start time: 17:45 hrs
Board Meeting end time: 17:55 hrs
Kindly take this intimation on your record.
Yours faithfully,
For Cummins India Limited
Vinaya A. Joshi
Company Secretary & Compliance Officer
Membership No.: A25096
Encl.: As above
C ummins India Limited
R egistered Office
C ummins India Office Campus
Tower A, 5th Floor, Survey No. 21, Balewadi
Pune 411 045 Maharashtra, India
Phone +91 20 67067000 Fax +91 20 67067015
cumminsindia.com
cil.investors@cummins.com CIN : L29112PN1962PLC012276
Annexure A
Details pursuant to Regulation 30 of SEBI Listing Regulations read with Schedule III
of Listing Regulations and with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026
Sr. Details of events that needs to be Information of such event(s)
No provided
1 Reason for change viz. appointment, Mr. Adegbile Adedapo Adewunmi (DIN:
resignation, removal, death or 11962843) has been appointed as an
otherwise Additional Director and Managing
Director of the Company with effect from
November 01, 2026.
2 Date of Appointment/ Cessation & For a term of 3 (three) consecutive years
Terms of appointment with effect from November 01, 2026, to
October 31, 2029.
3 Brief profile (in case of Appointment) Enclosed as Annexure I
4 Disclosure of relationship between Mr. Adewunmi is not related to any other
Directors (in case of appointment of Director or Key Managerial Personnel of
a director) the Company
C ummins India Limited
R egistered Office
C ummins India Office Campus
Tower A, 5th Floor, Survey No. 21, Balewadi
Pune 411 045 Maharashtra, India
Phone +91 20 67067000 Fax +91 20 67067015
cumminsindia.com
cil.investors@cummins.com CIN : L29112PN1962PLC012276
Annexure I
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