Cummins India seeks shareholder nod for additional related party deals

Cummins India Limited is seeking shareholder approval for additional material related party transactions totaling ₹290 crores for fiscal year 2025-26. This includes ₹40 crores with Cummins Inc., USA, for purchases of engines, gensets, parts, accessories, and spares, increasing the total approved amount for CMI to ₹315 crores. Additionally, the company proposes ₹250 crores with Cummins Limited, UK, for purchases and sales of similar items, raising the total approved amount for CL to ₹1,726.83 crores.

The postal ballot, conducted via remote e-voting, commenced on Sunday, December 7, 2025, and will conclude on Monday, January 5, 2026. The cut-off date for determining voting eligibility was Friday, November 28, 2025.

These transactions, deemed to be at arm's length and in the ordinary course of business, are crucial for maintaining an integrated supply chain and optimizing profitability. The audit and compliance committee, along with the board of directors, has approved and recommended these proposals, emphasizing their alignment with the company's and shareholders' best interests.