Re-appointment of Statutory Auditors of the Company.
CUMMINSIND · price
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Cummins India Limited's Board meeting on May 27, 2026 approved the re-appointment of M/s. Price Waterhouse & Co Chartered Accountants LLP as Statutory Auditors for a second term of 5 consecutive years, from the conclusion of the 65th AGM till the 70th AGM in 2031, subject to member approval. The Board also approved appointment of M/s. Joshi Apte & Associates as Cost Auditors for FY 2026-27. Additionally, the Board recommended a final dividend of Rs. 46 per share for FY 2025-26 (total dividend: Rs. 66 per share including Rs. 20 interim dividend), with record date fixed as July 17, 2026. The company reported strong FY26 consolidated revenue of Rs. 12,660.53 crore and profit after tax of Rs. 2,361.75 crore, with an unmodified audit opinion from the statutory auditors.
The re-appointment of an established auditor and strong dividend declaration indicate routine governance functioning. The company delivered 17% YoY revenue growth and 18% PAT growth for FY26, reflecting healthy operational performance.