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CUMMINS INDIA LTD. - 500480 - Shareholder Meeting / Postal Ballot-Outcome of AGM

 The 60th Annual General Meeting of the Company was held on Thursday, 12th day of August 2021 at 03.30 p.m. (IST) through Video Conference ("VC) / Other Audit Visual Means (OAVM), without the physical presence of the Members at a common venue, in compliance with General Circular issued by Ministry of Corporate Affairs and other applicable provisions of the Companies Act, 2013 and circular issued by the Securities and Exchange Board of India (SEBI). In accordance with Regulation 30 read with clause 13 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the proceedings of the AGM.
12-08-2021
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Q1FY22 Result Announced for Cummins India Ltd.

 Performance Highlights (based on standalone financial results) for the quarter ended June 30, 2021: Total Sales for the quarter at Rs 1,167 Cr. increased by 141% compared to the same quarter last year and declined by 5% compared to the preceding quarter. Domestic sales at Rs 859 Cr. improved by 140% compared to the same quarter last year and declined by 12% as compared to the preceding quarter. Exports Sales at Rs 308 Cr. improved by 144% as compared to the same quarter last year and improved by 21% as compared to the preceding quarter. Profit before tax (before exceptional items) at Rs 171Cr. is higher by 143% as compared to the same quarter last year and 30% lower as compared to the preceding quarter. Profit before tax (after exceptional items) at Rs 303 Cr. is higher by 331% as compared to the same quarter last year and 24% higher as compared to the preceding quarter. Ashwath Ram, Managing Director, Cummins India Limited, said: During the quarter, India experienced a rapid spread of the second wave of Covid-19, which resulted in a significant rise in infection and mortality. Various state and local governments imposed severe restrictions to control the spread of the virus. The Government prioritized oxygen supply for healthcare purposes. The supply of parts was severely disrupted during this period, leading to inefficiencies in plant operations that impacted shipments during the quarter. Customer and supplier factory operations were also disrupted. By early June, the supply chain started to recover; as of date, the supply chain is slowly returning to the expected level of operations. The company took proactive actions to ensure optimal utilization of plant operations to ensure supply commitments to customers. Imported parts, especially electronics and semiconductors, continue to have a long lead time; the company is taking proactive steps to manage inventory levels of such components. While we operate through these trying times, our priority continues to be the safety and wellbeing of our employees, supporting our communities, serving customers, staying on course with our product development initiatives, prudently managing cost, and conserving cash. For the safety and well-being of employees and their families, the company organized vaccination camps at various company locations. Approximately 19,000 persons, that includes employees of other Cummins Group entities and their families, were inoculated.Our domestic markets for the quarter continued to show promise propelled by the Government's push on infrastructure, pent-up demand, and economic recovery across multiple segments. In our export market, we see demand revival in quite a few regions as countries recover based on an increased vaccination pace and an abating infection trend. The company continues to navigate this period of uncertainty with a strong balance sheet, excellent manufacturing and service infrastructure, committed workforce, and best-in-class processes. The company continues to take steps to introduce newer and more efficient technologies in the market. During the quarter, the company introduced several new products in Power generation, Industrial, and Distribution segments to continue to provide world-class products and technologies to domestic and export customers. Result PDF
12-08-2021
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Cummins India Ltd - 500480 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 We are enclosing for your records copy of press release dated August 11, 2021 regarding unaudited financial results of the Company for the quarter ended June 30, 2021
11-08-2021
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Cummins India Ltd - 500480 - Board Meeting Outcome for Financial Results For The Quarter Ended June 30, 2021

 Board Considered and Approved the un-audited Financial Results (Consolidated and Standalone) along-with Limited Review Report of Statutory Auditors' for the Quarter ended June 30, 2021. Please consider this submission for your record.
11-08-2021
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Cummins India Ltd - 500480 - Financial Results For The Quarter Ended June 30, 2021

 Board Considered and Approved the un-audited Financial Results (Consolidated and Standalone) along-with Limited Review Report of Statutory Auditors' for the Quarter ended June 30, 2021.
11-08-2021

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 The banking index is facing a strong hurdle in the range of 36,200-36,400, above which, the index could continue its journey towards 37,000.
11-08-2021
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CUMMINS INDIA LTD. - 500480 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Issuance of Duplicate share certificate
07-08-2021
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Cummins India Ltd - 500480 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Intimation regarding issue of Duplicate share certificate
06-08-2021
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Cummins India Ltd - 500480 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 In terms of Regulation 30(4) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the management interaction with investor/ analyst / financial institution have been scheduled by the Company.
02-08-2021
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Cummins India Ltd - 500480 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 In terms of Regulation 47 of the SEBI Listing Regulations, we are enclosing herewith the copies of the notice published in newspaper Business Standard (All edition) and Loksatta (Pune edition) (both the newspaper having digital editions) on July 31, 2021, pertaining to Notice of the Board Meeting of Cummins India Limited for approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2021
31-07-2021
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