Postal Ballot: Commission to Independent Directors approved with 99.93% majority
CUMMINSIND · price
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Cummins India shareholders approved paying commission to Non-executive Independent Directors through a postal ballot. Of 23.97 crore shares voted (86.48% of total), 99.93% were in favour and only 0.07% against. Promoters voted 100% in favour; public institutions 99.83% in favour; retail shareholders 97.59% in favour. Remote e-voting ran from September 16 to October 15, 2026.
Routine governance item with overwhelming shareholder support. No material impact on operations or stock price expected.