Cummins Inc has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Cummins Inc., part of the promoter group of Automotive Axles Limited, has filed a mandatory annual disclosure with the stock exchanges under SEBI Takeover Regulations. As of March 31, 2025, Cummins Inc. holds 145 equity shares of the company on behalf of itself and other promoter group entities. The company has confirmed that no encumbrance (pledge, lien, or similar charge) has been created on these shares, directly or indirectly. This is a routine compliance filing required annually to confirm that promoter group holdings remain free of encumbrances.
This is a routine compliance disclosure with no material impact on shareholders or stock price. It simply confirms that the promoter group's stated shares are not pledged or encumbered, providing transparency and regulatory comfort to investors.