Home MarketCummins India Ltd.

Cummins India Ltd. Stock Info: As on 2018-04-23 15:57:16

Nse

735.55

-16.95(-2.25%)
Change%
52 Week Range
680.65
28.00
1,096.80
3.00
Open753.00
Day's Range677.25 - 827.75
Value Traded (in ₹ Cr.) 58.60

Bse

736.20

-17.65(-2.34%)
Change %
52 Week Range
670.95
28.00
1,096.20
3.00
Open747.50
Day's Range678.47 - 829.24
Value Traded (in ₹ Cr.) 1.19

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 141,372,000.00 51.00%
IndianPromoters 683.00 0.00%
Mutual Funds/UTI 39,408,619.00 14.22%
FII 39,101,381.00 14.11%
Employee 0.00 0.00%
Public 24,948,961.00 9.00%
Government 664,056.00 0.24%
Others 10,979,709.00 3.96%
More

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 4.96
Basic EPS (Rs.) 27.21
Cash EPS 30.13
BVPerShare Excl 125.59
Operating Revenue 169.87
PBDITPerShare 36.11
Dividend 14.00
NPPerShare 27.21
Current Ratio 2.50
Quick Ratio 1.83
PriceToBV 6.71
Earnings 0.03
PBDIT Margin 21.25
PBT Margin 19.33
NP Margin 16.01
Return On Assets 16.79
Retention Ratios 48.55
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 4,934.68
Total Expenses 4,024.30
EBITDA 1,000.97
PBT 910.38
PAT 754.30
Net Income 754.30
More
Parameter Sep-17 (₹ Cr.) 6M % change
Total Income 2,606.60
Total Expenses 2,174.76
EBITDA 388.98
PBT 479.98
PAT 375.06
Net Income 0.00
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 55.44
Net worth 3,481.30
Investments 333.57
Total Liability 4,490.47
Total debt 0.00
Net block 1,808.60
Total Assets 4,490.47
Parameter Sep-16 (₹ Cr.) 6M % change
Total share capital 55.44
Net worth 3,295.88
Investments 161.42
Total Liability 4,500.04
Total debt 0.00
Net block 1,737.12
Total Assets 4,500.04
Company Curr Price Prev. Close Change% W's Low/High

Greaves Cotton Ltd.

127.55 127.8 -0.2
119.6132.45

Kirloskar Industries Ltd.

1285.4 1299.55 -1.09
1261.051315

Kirloskar Oil Engines Ltd.

349.3 343.6 1.66
336379.7

Swaraj Engines Ltd.

2070.75 2038.45 1.58
20252094.95
Company Curr Price Prev. Close Change% W's Low/High

Greaves Cotton Ltd.

126.3 128.05 -1.37
120132.3

Kirloskar Industries Ltd.

1310 1310 0
1241.51344.7

Kirloskar Oil Engines Ltd.

346.9 346.1 0.23
336.5375.95

Swaraj Engines Ltd.

2070 2040.45 1.45
20252085
More
Parameter Mar-16(in ₹ Cr.)
Cash from operating activities 691.80
Cash from investing activities -212.12
Cash from financing activities -467.74
Net change in cash 9.67

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Reliance Equity Opportunities Fund 2.65%
Reliance Top 200 Fund 2.38%
Aditya Birla Sun Life Frontline Equity Fund 0.77%
Reliance Tax Saver Fund 1.49%
HDFC Mid-Cap Opportunities Fund - Regular Plan 0.58%
ICICI Prudential Dynamic Plan 0.94%

TCS breaches $100 bn mark in m-cap; first Indian IT firm to do so

Tata Consultancy Services (TCS) today breached the USD 100 billion mark in market valuation, but slipped below the coveted milestone at close of session. In the morning trade, the company's market capitalisation (m-cap) hit over USD 100 billion (Rs 6,80,912.10 crore), becoming the first Indian IT firm to cross this mark. At close of trade, however, the m-cap declined to USD 98.8 billion (Rs 6,53,767.50 crore). Reliance Industries Ltd had breached the USD 100 billion m-cap mark on October 18, 2007. The US dollar at was quoted at Rs 39.59 at that time. The rupee has weakened considerably since then was at Rs 66.16 against the American currency in the morning trade. Shares of the IT major rose by 4.42 per cent to a record high of Rs 3,557 in intra-day trade on BSE today. The stock later gave up most of its early gains and ended flat at Rs 3,415.20, up 0.26 per cent. On NSE, TCS shares settled at Rs 3,408.65, up 0.18 per cent. In terms of equity volume, 5.06 lakh shares of the company were traded on BSE and over 75 lakh shares changed hands at NSE during the day. At the end of Friday's trading session, the IT major commanded a m-cap which was Rs 7,917.08 crore, just short of the USD 100 billion milestone at Rs 6,52,082.92 crore. The stock has been gaining for the third straight session today, rising 8 per cent and added Rs 48,948.5 crore to its market valuation. So far this year, shares of the company has risen by 26.5 per cent. The IT major accounts nearly 11 per cent of the total Sensex m-cap of Rs 6,081,286.82 crore. TCS is the country's most valued firm followed by Reliance Industries Ltd with a m-cap of Rs 5,92,427.82 crore, HDFC Bank (Rs 5,01,643.92 crore), ITC (Rs 3,35,801.17 crore) and Hindustan Unilever Ltd (Rs 3,14,938.94 crore) in the top-five list. The nation's largest software exporter TCS on April 19 reported a 4.4 per cent rise in March quarter net profit at Rs 6,904 crore. The Tata group flagship, which contributes around 85 per cent of the group's profit, reported a revenue growth of 8.2 per cent at Rs 32,075 crore for the three months to March. In dollar terms, the company had its highest revenue growth in 14 quarters at 11.7 per cent. It also announced a 1:1 bonus of shares and a dividend of Rs 29 a share, taking the total payout to shareholders at Rs 50 for the year.

23-04-2018 17:38

Reliance Naval and Engineering Q4 loss widens to Rs 409 cr

Reliance Naval and Engineering Ltd (RNAVAL) today reported widening of standalone loss at Rs 408.6 crore for the quarter ended March 31, 2018. The company - formerly known as Reliance Defence and Engineering Ltd - had posted a loss of Rs 139.92 crore in the year-ago period, the company said in a BSE filing. Standalone total income in January-March 2017-18 dropped sharply to Rs 34.7 crore from Rs 250.8 crore. However, total expenses increased to Rs 249.3 crore over Rs 223 crore. RNAVAL operates India's largest integrated shipbuilding facility with dry dock. It houses the only modular shipbuilding facility with a capacity to build fully fabricated and outfitted blocks. The fabrication facility is spread over 2.1 million sq ft.

23-04-2018 17:26

Cholamandalam Q4 net up 32.6% on lower NPAs, cost of funds

Financial services company, Cholamandalam Investment and Finance, today reported a 32.6 per cent jump in its net at Rs 291.09 crore in the quarter ended March, driven by lower cost of funds and higher fee income. The company had reported a profit after tax of Rs 219.55 crore in the same period last year. For the full year, net profit had grown by 35.5 per cent to Rs 974.12 crore as against Rs 718.74 crore in the year-ago period. The growth in profit was driven by lower non- performing assets, reduction in our cost of funds and better fee income, the company's executive vice chairman and managing director, N Srinivasan, said. The company's cost of fund in the quarter reduced to 7.1 per cent in the quarter from 7.7 per cent in the year-ago period. Gross non-performing assets stood at 2.94 per cent from 4.66 per cent, while net NPA was at 1.66 per cent as against 3.19 per cent. It's aggregate disbursements grew 54 per cent to Rs 8,007 crore from Rs 5,213 crore last year same quarter, riding on the growth in commercial vehicle (CV) industry. Vehicle finance disbursement grew 54.8 per cent to Rs 6,820 crore from Rs 4,407 crore year-ago. Home equity business disbursed Rs 806 crore as against Rs 544 crore in the fourth quarter of FY17, registering a growth of 48 per cent. Assets under management grew by 25 per cent at Rs 42,879 crore compared to the last financial year, which stood at Rs 34,167 crore. In the quarter, the company raised Rs 12,000 crore from banks as well as bonds. For the current financial year, it plans to raise Rs 20,000 crore from banks as well as various instruments, including bonds, Srinivasan said. The company's scrip closed today at Rs 1,663.45, up 6.17 per cent on the BSE, which ended 34,450.77, up 0.10 per cent.

23-04-2018 17:20

Reliance General Insurance profit up 28% at Rs 165 cr in FY18

Reliance General Insurance, arm of Reliance Capital, has registered a net profit of Rs 165 crore in the fiscal ended March, up by 28 per cent from a year earlier. The company had posted a net profit of Rs 129 crore in 2016-17. Reliance General Insurance (RGI) gross direct premium income has grown by 29 per cent to Rs 5,069 crore for financial year 2017-18 vis-a-vis industry growth, which grew at approximately 17 per cent, the company said in a statement today. We continue our growth momentum with rise in premium, along with improvement in bottom line. We have outpaced the industry, which grew at approximately 17 per cent in gross direct premium in 2017-18, said Rakesh Jain, ED and CEO, Reliance General Insurance (RGI). The general insurer has written gross premium of Rs 5,122 crore in 2017-18, 28 per cent higher from a year ago's Rs 4,007 crore. The earnings per share for the last fiscal stood at Rs 6.56, up from Rs 5.12 in 2016-17. The company's investment book increased to Rs 7,999 crore, up by 19 per cent from a year ago, it said in a statement. RGI offers insurance cover for motor, health, home, property, travel, marine and other speciality products. The company is also is in the process of bringing its IPO. Stock of Reliance Capital closed 1.03 per cent higher at Rs 429.65 apiece on the BSE today.

23-04-2018 17:19

Reliance Naval posts Q4 net loss of Rs 408.68 cr

The company reported standalone net loss during the quarter stood at Rs 408.68 crore as compared to net loss of Rs 139.92 crore in the previous year quarter. Net revenue of the company declined substantially by 85.48 per cent at Rs 33.09 crore in January-March quarter of this fiscal as against Rs 227.89 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 11.85 per cent to Rs 249.30 crore from Rs 222.88 crore in year ago period. Other Income dipped by 92.63 per cent at Rs 1.67 crore versus (Mar'17 Rs 22.65 crore). Operating Profit slipped by 4415.57 per cent to Rs -216.21 crore as against Rs 5.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29800.00 per cent in March quarter. Interest grew by 19.53 per cent y-o-y to Rs 196.00 crore, while Taxation increased by 11.64 per cent at Rs -50.91 crore (Mar'17 Rs -45.60 crore).

23-04-2018 16:36

Cummins India Lt - Compliance Certificate Reg. 7(3) Of SEBI LODR.

Reg. 7(3): Compliance Certificate certifying maintaining physical & electronic transfer facility.

20-Apr-2018 09:59 AM

Cummins India Lt - Shareholding for the Period Ended March 31, 2018

Cummins India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2018.

19-Apr-2018 05:42 PM

Cummins India Lt - Reg. 40(10) - PCS Certificate For The Half Year Ended On March 31, 2018.

Reg. 40(10) - PCS Certificate for the half year ended on March 31, 2018.

12-Apr-2018 01:02 PM

Cummins India Lt - Statement Of Investor Complaints For The Quarter Ended March 2018

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- K. Venkata Ramana
Designation :- Company Secretary and Compliance Officer

09-Apr-2018 12:48 PM

Cummins India Lt - Disc. under Reg.30 of SEBI (SAST) Reg.2011

Cummins Inc. has submitted to the Exchange a copy of disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

03-Apr-2018 04:50 PM

Cummins India Lt - Compliance Certificate Reg. 7(3) Of SEBI LODR.

Reg. 7(3): Compliance Certificate certifying maintaining physical & electronic transfer facility.

20-Apr-2018 09:59 AM

Cummins India Lt - Shareholding for the Period Ended March 31, 2018

Cummins India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2018.

19-Apr-2018 05:42 PM

Cummins India Lt - Reg. 40(10) - PCS Certificate For The Half Year Ended On March 31, 2018.

Reg. 40(10) - PCS Certificate for the half year ended on March 31, 2018.

12-Apr-2018 01:02 PM

Corporate Details

About Management

1962 - The Company was incorporated on 17th February, at Pune. The Company manufacture internal combustion engines in particular diesel engines of all sizes and capacities, reciprocating piston engines, gas turbine engines, gasoline engines, etc. The promoters of the Company were Kirloskar Oil Engines Ltd., Lakshmanrao Kirloskar Road, Khadki, Pune and Cummins Company Inc., Columbus, U.S.A. - 38,250 shares allotted to Kirloskar Oil Engines, 75,000 shares to Cummins Engine Co. Inc., USA and 36,750 shares to the public during May 1962. 1966 - Cummins Diesel Sales and Services (India) Ltd., became a wholly owned subsidiary of the Company. 1973 - 60,000 Bonus shares issued in prop. 2:5. 1974 - KCL Research and Development, established, is recognised by the Department of Science and Technology. 1977 - 7,00,000 - 11% pref. shares offered to the public in May 1976. 2,10,000 bonus equity shares allotted in prop. 1:1 in Oct. 1976. 1978 - The Company obtained a limited licence for the manufacture of 500 (Neoplan) buses in collaboration with Gottlob Auwarter GmbH & Co., West Germany. 1980 - 2,40,000 bonus equity shares issued during Oct.- Nov. in prop. 4:7. 1983 - 6,60,000 Bonus equity shares of Rs 100 each issued in prop. 1:1 in Dec. 1986 - The Company proposed to set up a fatigue testing lab. It had developed and field tested dual fuel engines capable of running on natural gas and diesel. - The Auto division designed and developed a low floor, wide bodied bus based on integral construction technology for use at airports. The bus has a capacity to carry 125 passengers. - Equity shares and unclassified shares sub-divided on 12.12.1986. 132,00,000 bonus shares issued in prop. 1:1. 1987 - Pref. shares redeemed. 1988 - During the period, manufacturing facilities for luxury and airbus were established. Also, production of hitech import substitution components/assemblies commenced. - The Company undertook a project for the manufacture of mini-power station of 1, 2, 5 and 10 mega watta within a period of one year. - A letter of intent was received for the establishment of a 1,005 export oriented unit for assembly of internal combustion engines. - Another letter of intent was received for the manufacture of two axle on-road and three axle off-road commercial vehicles in the range of 15 to 34 tonnes with an annual capacity of 6,000 vehicles. - The Company entered into a collaboration agreement with RABA Hungarian Railway Carriage and Machine Works, Gyor, Hungary. - The Company, jointly with Cummins Engine Co. Inc., USA, undertook to set up a project for the manufacture of V-28 engines, - The Research & Development division developed dual fuel engines, 6B5.9 marine power packs for fishing trawlers and 12 and 16 cylinder gas engines. Also, import substitution of various components of V 28 engines were carried out. 1990 - Authorised capital reclassified. 1991 - The Company received the ISO-9001 certification for quality management system approval with respect to design, development, production, installation and service of internal combustion engines. 1992 - Technology was being assimilated for flame proof engines. Also, substantial savings in foreign exchange was achieved through majo indigenisation programme. - Cummins Engine Co. Inc, USA are the collaborators for the manufacture of engines. Holset Engineering Co. Ltd., U.K., are the collaborators for the manufacture of turbochargers. - 13,200,000 bonus equity shares issued during 27th Oct. 1994 in proportion 1:2. - Demand in domestic market improved due to the Government's liberalization and globalization policy. 1994 - 13,20,000 bonus equity shares issued during 27th Oct. 1994 in proportion 1:2. 1996 - A new engine model was introduced in the compressor market. - By mutual agreement cummins engine company Inc. USA (cummins) and Kirloskar Oil Engines Ltd. (KOEL) whose equity participation was 50 per cent and 25.5 percent respectively decided to go independent. 1997 - The Company along with Cummins Engine Company undertook to introduce two new versions of engine models with high horse power viz. `Quantum' engines with a view to increasing the horsepower range to 2,700. - In the generating set segment, it was proposed to introduce 6 BT powered generator set to address the below 100 KVA power generation market. - In recognition of export performance, Engineering Export Promotion Council (EEPC) has awarded to the Company `Top Exporters' Shield-National in the category of `Consumer Durables Exporters' (Non-SSI). - Jt. Director General of Foreign Trade and Mahratta Chamber of Commerce & Industries, Pune have awarded a trophy to the Company for export excellence. - Cummins and KOEL have signed an agreement with regard to their future equity holding in KCL. This will enable KOEL to disinvest, subject to statutory approval. 1998 - Effective September 10, the name of the Company was changed from Kirloskar Cummins Ltd. to `Cummins India Ltd.' - The Cummins Engine Company Inc, USA, is the world's largest independent manufacturer of diesel engines above 200 HP and is recognized for its expertise in emissions, fuel efficiency and electronics. - Cummins India Ltd., a joint venture since 1962, is the only company in the country to offer a range of engines in diesel, gas and dual fuel models, it has produced more than 140,000 engines so far. - Cummins India Ltd., a 51 per cent subsidiary of Cummins Engine Company of US is currently clocking heavy volumes at the Mumbai Stock Exchange. - The Pune-based Cummins India Ltd., (CIL), the largest manufacturer of industrial diesel engines in the country, has entered the 1.5 MW segment with the unveiling of its Quantum series of engines. - Cummins Wartsila, the France-based manufacturer of power engines, is exploring the possibility of setting up a manufacturing base in the country and launching gas-based engines. - Cummins Wartsila is a 50:50 joint venture between the US-based Cummins Engine Company and Wartsila NSD Corporation of Finland. Based in France, the joint venture has marketing units in several countries. - Cummins India has also set up a technology centre in Pune. - Cummins India Ltd. (CIL) is a 51 per cent subsidiary of Cummins Engine Co of the US. - The Company produced 7,710 engines and 39 generating sets. Also introduction of three engines namely NT/NTA 855 Big Cam, KTA 38 and QSK 60. 1999 - Cummins India (CIL) is one of the best MNC-affiliated engineering companies in India. - Cummins India (CIL) was set up in 1962 (formerly Kirloskar Cummins Ltd.) Jointly by Cummins Engine Co. Inc., US (CEC), and Kirloskar Oil Engines Ltd. (KOEL). - Cummins India, a joint venture with Cummins Engines Co. USA, is a major manufacturer of diesel engines with a wide range of engines in diesel, gas and dual fuel modes. - The company has also entered into a 50:50 joint venture with Nelson Industries Inc, US to manufacture silencers, mufflers and tubing for emission control. This project is being put up at Daman. - Cummins India, a 51 per cent subsidiary of Cummins Diesel of US, is the market leader in diesel engines with a overall share of 62 per cent. It manufactures diesel engines in the 60-2700 HP range, and faces intense competition from Hindustan Powerplus, L and T, Ashok Leyland, Kirloskar Oil Engines, Greaves and a few multinationals. - The company has recently introduced "Quantum" services of engines with horse power ranging 1200 to 2500 largely for industrial and power general applications. - The company introduced a concept called `Recon' service and a `float stock' for a quicker solution to the engine users. Under these schemes, the company would rebuild the engine under manufacturing condition with new parts at 60 per cent of the cost of the new engine. 2000 - Cummins India, has launched e-commerce facility on their web-site www.cummins-india.com. - The Company has introduced the `S series' engines with a 4-cylinder 3.8 litre capacity simple lightweight and compact diesel genset in the 30 to 62.5 kva range. - Cummins India Ltd has collaborated with Tata Engineering to make forays into the lower end of the diesel engine market. - The Board co-opted Mr. J.K. Edwards and Mr. I.M. Barrowman as Additional Directors and appointed Mr. Y.S. Joshi as an Alternate Director to Mr. M.A. Levett effective from 21st June. - Cumminds Infotech, a 100 per cent subsidiary of Cummins India, to give majority stake in the company to its US parent Cummins Engine Company. - Cummins India Ltd has floated Cummins Infotech Ltd to provide e-business and enterprise resource planning solutions for Cummins worldwide. - The Company is all set to foray into the lower-end diesel generator set market targeting the burgeoning demand from domestic users. - The Company has set up a new 100 per cent subsidiary, Cummins Power Solutions India to drive the changes being effected at Cummins India Limited and its subsidiaries. - Cummins India Ltd., the diesel engines major has appointed Mr. Pradeep Bhargava as managing director Cummins Power Solutions and Chief Executive of their power generation business. 2001 - Cummins India, the power solutions company and largest manufacturer of diesel engines, has introduced a new range of world class product and service offerings including branded gensets. - Mr. R.L. Moore has stepped down as Director of the company with effect from March 15. 2002 - The Board of Directors of Cummins India Ltd have proposed to sell, lease or otherwise dispose of the undertaking of the Company, viz. Plant II. -Cummins India, the 51 per cent subsidiary of the US-based Cummins Inc, has decided to merge two of its profit-making subsidiaries Cummins Power Solutions and Power Systems India with itself with effect from April 1. -Vinod Dasari co-opted as an Additional Director of Cummins India. -Cummins India Ltd has informed BSE that it has acquired 8,10,000 equity shares of Rs 10/- each fully paid (40.5%) in the shares capital of CG Newage Electrical Ltd Ahmednagar (CGNEL) from Crompton Greaves Ltd (38%) and Janpath Investments & Holdings Ltd (2.5%). 2003 -Cummins aligns its operations closer to those of the US parent Cummins Inc. -Cummins India has implemented Six sigma to reduce the defect and maximise the quality of its business processes. -Cummins India Ltd has announced voluntary retirement scheme for its Associates, Officers and Mangers. -Mr.Jim Rugg has resigned for the Director of the company. -The Board of Directors of Cummins India Ltd have appointed Mr.Vinod Dasari and Mr.Ananth Talaulicar as Joine Managing Directors of the company. -Cummins India mandated a policy according to which every department in the company must have atleast one woman employee. -Dr. John Wall, chief Technical Officer, Cummins Inc., USA, has joined the board as an Additional Director. Mr. J. M. Barrowman, Mr. S.D. Hires and Mr. Peter McDowell have step down as directors of the company effective October 28, 2003, however Mr. J. M. Barrowman and Mr. S.D. Hires will be alternate directors to Mr. M.A. Levett and Dr. John Wall respectively. -Ms. Matangi Gowrishankar, Vice President HR and Organisation Effectiveness has resigned from the services of the company effective December 02, 2003. Consequently, Ms. Gowrishankar has ceased to be Compliance Officer of the company. However, Mr. Madan Godse, Vice President Legal and Company Secretary continues to be Compliance Officer of the Company. -Cummins tie up with Satyam to hasten operations at CRTI 2004 -Cummins unveils emission compliant N14 series of engines in India -Cummins India Ltd has informed that the equity shares of the company have been delisted from the Pune Stock Exchange wef January 16, 2004. -Ties up with Cummins Westport Inc, Canada (CWI) for transfer the technology to the company for manufacture of new Engine Platform called B Gas International (BGI) in the range of 145 to 230 HP. -Appoints Anant Talaulicar as the managing director of Cummins India Area Business Organisation (ABO). Mr Talaulicar will lead 11 Cummins companies in India, including Cummins India, Cummins Diesel Sales and Service (CDSS), Tata-Cummins, Valvoline India Fleetguard and the newly-opened Cummins Research and Technology Institute. -Cummins India Ltd has elected Mr Anant Talaulicar, Joint Managing Director of the Company as Chairman of the Board of Directors. -Diesel Engine and power major Cummins India has appointed Mr Rajiv Batra as Chief Financial Officer. Mr Batra will oversee the finance function at Cummins India Ltd and the eleven entities of the Cummins Group in India 2005 -Cummins to launch B series of diesel engines -Cummins successfully Concludes Wage Settlement Management And Union Welcome Building A Partnership For Success. -Cummins successfully Concludes Wage Settlement Management And Union Welcome Building A Partnership For Success. -Cummins adds Generator Starting System to its range of products. 2006 - Cummins expands joint venture in India to boost engine production. -Cummins Power Generation introduces the "Power Box" concept in its Rental Business. -Cummins India joins hand with IISc for biomass-based power systems 2007 -Wins highest recognition by receiving the award in the Corporate Image Leadership category, besides winning awards in four other categories -Cummins India and IISc win CII's Innovative Energy Saving Product Award at the National Award for Excellence in Energy Management 2007 2008 -Cummins India Ltd has signed a Memorandum of Understanding (MOU) with Government of Maharashtra on March 15, 2008, wherein the State of Maharashtra has offered "Mega Project" incentives to the Company for its proposed expansion Project(s) at Phaltan MIDC (Village Survadi, District Satara). -Cummins India wins CII's National Award for Excellence in Energy Management 2008 -Cummins India Ltd has rolled out three products for the domestic market at the opening of POWER-GEN 2008 exhibition here. The new products include '30/35 kVA low horse power' generator sets 'X series', and a '750 kVA high horse power' generator set in the 'QSK23 series. 2010 - Inauguration of the rural electrification project initiated by Cummins in collaboration with IIT, Bombay and READ Foundation at village Kolha. - Maharshi Karve Stree-Shikshan Samstha and Cummins India Foundation collaborate to launch a women's engineering college in Nagpur. - Cummins conferred with the CII National Award for 'Excellence in Energy Management 2010'. - Cummins wins again the 'Voice of the Customer' Awards from Frost & Sullivan in Five Categories. 2011 - Has allotted 79,200,000 Bonus Equity Shares of 2/- each in ratio of 2:5 i.e. 2 Bonus Equity Shares for every 5 existing Equity Shares held to the eligible Members. - Padarwadi village near Pune gets electrified through effective utilization of renewable sources for power generation. - Cummins inaugurates its fourth facility at the Megasite at Phaltan. - Cummins donates engines to over 60 ITIs across Maharashtra. 2012 - Cummins donates a generator set to the Horticulture College in Phaltan. - Tata Cummins Limited Wins Greentech Environment Award 2012. 2013 -Cummins was again named one of the World's Most Ethical Companies by the Ethisphere Institute in 2013. -For the eighth consecutive year, Cummins was awarded a perfect score in the 2013 Corporate Equality Index by the Human Rights Campaign. -Cummins India announces its Power Generation product line. -Cummins Opens Plant for High Horsepower Engines at Phaltan. -Cummins Opens Phaltan Midrange Upfit Cente Phaltan. -2014 -Tata Cummins Limited (TCL) opens its third manufacturing facility in Phaltan. -Cummins declared an interim dividend of Rs. 5/- per equity share on 277,200,000 equity shares of Rs. 2/- each for the Financial Year 2014-15. 2015 -Cummins India Ltd has completed acquisition of remaining 50 per cent stake in Cummins Svam Sales & Service Pvt Ltd (Cummins Svam). 2016 -HEC, Cummins sign MoU to manufacture specialised engines 2017 - Cummins Engines power Tata PRIMA Trucks at T1 Racing Championship 2017

Registered Office

Survey No. 461/2C, Puzhal Village, Saidapet Taluk, Madhavaram Taluk,

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