Cummins India Limited has confirmed the successful completion of its share dematerialization processes for the final quarter of the financial year. As per the report for the period ending March 31, 2026, the company’s Registrar and Share Transfer Agent has verified that all securities received for dematerialization were processed, mutilated, and cancelled in accordance with established timelines. This update ensures that investor records remain accurate and fully reconciled with depository participants.
Quarterly Compliance Summary
Cummins India Limited has successfully concluded the reconciliation process for share dematerialization for the quarter ended March 31, 2026. This process is a critical part of maintaining corporate governance standards and ensuring that electronic share records are synchronized between the company and its depository participants.
Processing and Verification
The company, in coordination with its Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has confirmed that all securities received during the quarter have been processed. This includes the following key actions:
- Verification: All requests for dematerialization received from depository participants were duly verified.
- Cancellation: Upon approval, the physical share certificates were mutilated and cancelled as required by procedure.
- Record Update: The names of the relevant depositories have been officially substituted in the company’s register of members.
- Listing Compliance: The securities have been confirmed as listed on the stock exchanges where the company’s existing shares are traded.
These actions ensure that the company maintains its high standards of transparency for its shareholders and market participants.
Source: BSE
