Cummins India has announced the withholding of interim dividends for the financial year 2025-26 for shareholders whose folios are not KYC compliant. The company has taken this step in accordance with the Securities and Exchange Board of India (SEBI) regulations that require shareholders to update their KYC details, including bank account information, to receive dividends electronically.
The Board of Directors of Cummins India declared an interim dividend of ₹20 per equity share with a face value of ₹2 each during their meeting on 4 February 2026. However, dividends for shareholders who have not updated their KYC details or whose bank account information is incomplete or incorrect have been withheld.
Cummins India has communicated individually with the affected shareholders, informing them of the need to update their KYC details, including complete bank account and email address information. Physical shareholders are required to submit the relevant forms to the company’s Registrar and Share Transfer Agent (RTA), while those holding shares in demat mode must update their details with their respective depository participants.
The company has emphasised that dividends will only be released through electronic mode once the KYC details are successfully updated. Shareholders are encouraged to keep their KYC information current to avoid future withholding of dividends.
Cummins India has also provided guidance on updating KYC details and obtaining investor relation services. Shareholders can download the necessary KYC forms from the company’s website and submit them along with self-attested documentary proofs to the RTA. Additionally, the company offers support through a chatbot on the RTA’s website and the ‘SWAYAM’ online investor self-service portal.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).