Cummins India appoints Adegbile Adedapo Adewunmi as Managing Director

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

CUMMINSIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.8%Reaction day

₹4740.90

prior close

₹4740.90

announcement price

After-mkt

timing

Nifty 100market+1.2%+0.6% vs market

Compressors Pumps & Diesel Engines peers, median of 14sector-0.9%+2.7% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty 100 and 2.7 pts more than its Compressors Pumps & Diesel Engines peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-1.4

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8+1.2+0.6-0.9+2.7

Next day

+2.0+0.7+1.3-0.4+2.4

+1.6+2.2-0.6+1.1+0.4

+0.5+1.8-1.3+0.1+0.5

-2.1+3.1-5.2-1.0-1.1

-2.8+3.7-6.5-0.5-2.3

-6.3+2.1-8.5-5.6-0.8

15d

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UpDownMarket · Nifty 100Sector · Compressors Pumps & Diesel Engines peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Cummins India's Board appointed Mr. Adegbile Adedapo Adewunmi as Additional Director and Managing Director (KMP) effective November 01, 2026, for a 3-year term till October 31, 2029. He is currently a Vice President at Cummins Inc, leading the 2.5 billion dollar Power Systems Industrial Markets business with over 600 employees across continents. Appointment is subject to shareholder approval via postal ballot. He is not related to any existing Director or KMP.

Likely market impact

New MD brings two decades of global Cummins experience; appointment requires shareholder approval via postal ballot.