Cummins India Limited has informed the Exchange regarding 'Intimation to shareholders holding shares in physical mode - withholding of Dividend'.
CUMMINSIND · price
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Cummins India has informed the exchanges that it is sending individual letters to shareholders who hold shares in physical form and have not updated their KYC details. The company has approved a Final Dividend of Rs. 33.50 per equity share (face value Rs. 2) for FY2024-25 at the AGM held on August 8, 2025. Per the SEBI Master Circular dated May 7, 2024, dividends for these non-compliant shareholders will be withheld and released only through electronic mode after KYC is updated. Shareholders are required to update PAN, contact details, bank account details, and specimen signature with the Registrar (MUFG Intime India Pvt Ltd). The letter is being uploaded on the company's website and sent to affected physical shareholders directly.
This is a routine compliance-driven communication and does not affect the company's financials or dividend payout. Only physical shareholders with outdated KYC will face delayed dividend receipt; they must update KYC promptly to receive the Rs. 33.50/share dividend via electronic transfer. No material impact on the stock or the broader shareholder base holding shares in demat form.