MD Shveta Arya resigns, effective August 31, 2026

Ceo ResignedKmp ResignedManagement 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

+0.0%Reaction day

₹5401.00

prior close

₹5175.00

announcement price

After-mkt

timing

Nifty 100market+0.1%-0.0% vs market

Compressors Pumps & Diesel Engines peers, median of 13sector+0.1%-0.1% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.1 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

Stock

+1.9

10m

+3.5

15m

+3.7

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0+0.1-0.0+0.1-0.1

Next day

+0.5-0.1+0.6+0.1+0.3

+0.9-0.1+0.9-0.7+1.6

-0.6-0.5-0.1-0.2-0.4

-0.9-0.6-0.3-1.1+0.2

-1.6-0.7-0.9+0.5-2.1

+0.9-1.1+2.0+0.3+0.6

15d

-4.1-1.8-2.3-1.7-2.5

-7.3-3.3-4.0+1.1-8.4

-8.7-7.2-1.4+1.4-10.1

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UpDownMarket · Nifty 100Sector · Compressors Pumps & Diesel Engines peers, median of 13Pending

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

AI summary

Ms. Shveta Arya has resigned as Managing Director of Cummins India effective August 31, 2026, to pursue external opportunities. She was appointed in September 2024 for a 3-year term. Board accepted the resignation on August 5, 2026. Company is evaluating candidates for replacement. The same board meeting cleared Q1 FY27 results with consolidated PAT of Rs 609.30 crore on revenue of Rs 3,374.93 crore, and approved a postal ballot to revise commission for independent directors.

Likely market impact

Leadership change at the top. Near-term sentiment may be cautious until a replacement is named and the succession plan is clear.