CUMMINSINDNSECummins India Limited· Diesel EnginesMediumNeutral
Announced Wed, 27 May · 14:57 IST

Cummins India Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

CUMMINSIND · price

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

Price reaction · full curve 14 horizons · vs prior close
+9.2%1-day move
₹5401.00
prior close
₹5990.50
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In-mkt
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AI summary

Cummins India Limited's Board meeting on May 27, 2026 approved audited financial results for FY2025-26. Standalone profit after tax grew 22% to Rs. 2,330 crore on revenue of Rs. 12,864 crore (up 17% YoY). EPS improved to Rs. 84.06 from Rs. 68.75. The Board recommended a final dividend of Rs. 46 per share, taking total dividend for FY26 to Rs. 66 per share (including Rs. 20 interim). The headline mentions 'Change in Auditors' but the actual content shows Price Waterhouse & Co was re-appointed as statutory auditors for a second 5-year term (till 2031 AGM) – this is a routine re-appointment, not a change. Cost auditors Joshi Apte & Associates were appointed for FY2026-27. The 65th AGM is scheduled for August 6, 2026.

Likely market impact

Strong financial performance and increased dividends are positive for shareholders. The auditor re-appointment is routine with no governance concerns – the headline's reference to 'Change in Auditors' appears misleading as no resignation occurred.