Cummins India completes 8.78 percent acquisition in Clean Max

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CUMMINSIND · price

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

+0.6%Reaction day

₹4065.90

prior close

₹4040.10

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%+1.1% vs market

Compressors Pumps & Diesel Engines peers, median of 12sector+2.9%-2.3% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty 100 and 2.3 pts less 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

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15m

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30m

+0.2

Sessions after the filingfrom the prior close

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Reaction day

+0.6-0.5+1.1+2.9-2.3

Next day

+0.4-1.4+1.8+1.4-1.0

+3.0+1.1+1.9+4.2-1.1

+3.3+1.4+1.9+5.0-1.7

+7.4+0.9+6.5+2.8+4.6

+7.3+1.1+6.2+4.1+3.2

+8.9+2.0+6.8+6.8+2.0

15d

+16.5+0.8+15.7+5.2+11.2

+19.1-1.8+20.9+0.5+18.6

+9.6-12.1+21.7-12.6+22.1

+29.6-4.3+33.9+10.7+18.9

UpDownMarket · Nifty 100Sector · Compressors Pumps & Diesel Engines peers, median of 12Pending

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

AI summary

Cummins India has completed its investment in Clean Max Yellowstone Private Limited by allotting 22,372 equity shares of Rs. 10 face value for about Rs. 2.70 crore in the second and final tranche. This brings its total holding in Clean Max to 8.78 percent, completing the investment under the Shareholders' Agreement signed in December 2025. No other changes to previously disclosed details.

Likely market impact

Minor strategic investment in renewable energy firm now fully executed. Small stake of 8.78 percent, so limited financial impact on Cummins India.