Cummins India has announced that dividend payments will be withheld for shareholders holding shares in physical form who have not complied with mandatory KYC (Know Your Customer) requirements. This action is in accordance with a SEBI circular. The Final Dividend, approved on August 08, 2025, will only be released to shareholders upon successful KYC updation. Shareholders must update their KYC details with MUFG Intime India Private Limited to receive their dividend payments.
Dividend Payment Announcement
Cummins India has announced a crucial update regarding dividend payments for shareholders holding shares in physical form. The company is mandating KYC (Know Your Customer) compliance for all such shareholders.
Withholding of Dividend
As per regulatory guidelines, the dividend payments approved at the Annual General Meeting held on August 08, 2025, will be withheld for shareholders who haven’t updated their KYC details. The Final Dividend amounts to ₹33.50 per share. This measure is implemented to ensure regulatory compliance and protect shareholder interests.
KYC Update Requirement
Shareholders holding shares in physical form are requested to update their KYC details with the Registrar and Transfer Agent, MUFG Intime India Private Limited. Key KYC details include PAN, contact details (address, mobile number, email), bank account information, and specimen signature. Dividend payments will only be released electronically after successful KYC updation.
How to Update KYC
Shareholders can download KYC forms (ISR-1, ISR-2, ISR-3, SH-13, SH-14) from the MUFG Intime India Private Limited website: https://web.in.mpms.mufg.com/KYC-downloads.html. Duly filled forms along with self-attested documents should be sent to:
MUFG Intime India Private Limited(Formerly Link Intime India Private Limited)Unit: Cummins India LimitedC 101, Embassy 247, L B S Marg, Vikhroli West, Mumbai 400 083
Additional Information
Shareholders can track requests through the SWAYAM portal: https://swayam.in.mpms.mufg.com. For any queries, shareholders can contact MUFG Intime India Private Limited at 8108116767 or raise a request at https://web.in.mpms.mufg.com/helpdesk/Service Request.html.
Source: BSE
