CUMMINSINDBSECummins India LtdMinimalNeutral
Announced Thu, 28 May · 16:00 IST

Annual Secretarial Compliance Report for FY 2025-26.

CUMMINSIND · price

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Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹6069.00
prior close
₹6100.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.6-2.4-2.3-6.3-5.7-6.0-4.2-4.8-7.1-3.4-8.3
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AI summary

Cummins India Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, as required under SEBI Regulation 24A. The report, issued by M/s. Makarand M. Joshi & Co., Company Secretaries, confirms that the company largely complied with applicable SEBI regulations during the review period. One minor violation was noted: from August 9, 2025 to November 11, 2025, the Audit and Compliance Committee composition did not meet the requirement of at least two-thirds independent directors after Ms. Rekha ceased to be a member. The company rectified this by appointing Ms. Vibha Paul Rishi as Independent Director effective November 11, 2025. BSE and NSE each imposed a fine of Rs 2,360 (including GST) for the one-day non-compliance, which the company paid. The company has no subsidiaries.

Likely market impact

The non-compliance was minor, short-lived (approximately 3 months), and promptly corrected with minimal financial penalty. This should have negligible impact on the stock price as it reflects a technical governance issue that was already resolved and disclosed transparently.