Cummins India Limited has informed the Exchange regarding Change in Auditors of the company.
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cummins India Limited held its Board meeting on May 27, 2026 and approved multiple items. The Board re-appointed M/s. Price Waterhouse & Co Chartered Accountants LLP as Statutory Auditors for a second term of 5 years (from 65th to 70th AGM, till 2031), subject to shareholder approval. M/s. Joshi Apte & Associates was appointed as Cost Auditors for FY 2026-27. For FY 2025-26, the company reported consolidated revenue of Rs. 12,660.53 crore and profit after tax of Rs. 2,361.75 crore, both showing healthy growth year-on-year. The Board recommended a final dividend of Rs. 46 per share (2,300%), in addition to the interim dividend of Rs. 20 already paid, taking total dividend to Rs. 66 per share. The auditors issued unmodified (clean) opinion on the financial statements. The 65th AGM is scheduled for August 6, 2026.
The re-appointment of established auditors and clean audit opinion reflects stability in governance. Strong financial performance and increased total dividend (Rs. 66 vs Rs. 51.50 last year) should be positive for shareholder returns. The headline's reference to 'Change in Auditors' is somewhat misleading as this is a re-appointment of the same firm, not a change.