Cummins India Limited announced that Mr. Ajay Shriram Patil, Chief Financial Officer (CFO) and Key Managerial Personnel, has tendered his resignation. The company disclosed that Mr. Patil’s decision was driven by personal reasons as outlined in his resignation letter. His resignation will take effect at the close of business hours on January 9, 2025.
Mr. Patil expressed his gratitude to his colleagues, management, and board members for their support during his tenure. He cited personal commitments requiring immediate attention as the reason for stepping down ahead of his planned retirement on March 31, 2025.
Cummins India emphasized its commitment to ensuring a smooth transition and stated that details regarding his successor would be communicated in due course. The resignation marks a significant leadership change for the company as it navigates its growth trajectory in the automotive and power solutions sectors.
