Cummins India Ltd. — Board/Management Information 2019

Feb 7, 2019

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REF: STEX/SECT/2019 February 7, 2019

To, National Stock Exchange of India Limited The Relationship Manager ‘Exchange Plaza’, C - 1, Block G, BSE Limited Bandra-Kurla Complex, P. J. Towers, Bandra (E), Dalal Street, Fort Mumbai 400051 . Mumbai 400001. NSE Symbol: CUMMINSIND BSE Scrip Code: 500480

Subject: Intimation of Re-appointment of Independent Directors (Non-executive and Independent) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the Company have approved the re-appointment of the following Non-executive and Independent Directors for a second term of five years w.e.f February 6, 2019:

1. Mr. Venu Srinivasan (DIN: 00051523)

2. Mr. Prakash Manjanath Telang (DIN: 00012562)

3. Mr. Priya Shankar Dasgupta (DIN: 00012552)

4. Mr. Nasser Mukhtar Munjee (DIN: 00010180)

5. Mr. Rajeev Bakshi (DIN: 00044621)

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Further the details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given in enclosed Annexure 1.

We request you to take this intimation on your record.

Thanking you,

Yours faithfully,

For Cummins India Limited

Digitally signed by HEMIKSHA HEMIKSHA BHOJWANI BHOJWANI Date: 2019.02.07 19:10:19 +05'30'

Hemiksha Bhojwani Compliance Officer Membership No. A22170 Encl: As above (This letter is digitally signed)

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Annexure 1

Sr.No.	Details of events thatneeds to be provided	Information of such event (s)	Information of such event (s)
		Venu Srinivasan	Prakash Telang	Priya ShankarDasgupta	Nasser Munjee	Rajeev Bakshi
1	Reason for change viz.appointment,resignation, removal,death or otherwise;	Re-appointed asNon-executive,IndependentDirector of theCompany.	Re-appointed asNon-executive,IndependentDirector of theCompany.	Re-appointed asNon-executive,IndependentDirector of theCompany.	Re-appointed asNon-executive,IndependentDirector of theCompany.	Re-appointed asNon-executive,IndependentDirector of theCompany.
2	Date ofappointment/cessation(as applicable) &Term of appointment;	w.e.f. February 6,2019Second term ofFive years	w.e.f. February 6,2019Second term ofFive years	w.e.f. February 6,2019Second term ofFive years	w.e.f. February 6,2019Second term ofFive years	w.e.f. February 6,2019Second term ofFive years
3	Brief profile (in case ofappointment);			Given below
4	Disclosure ofrelationships betweendirectors (in case ofappointment of adirector).	Not related to anyDirector of theCompany	Not related to anyDirector of theCompany	Not related to anyDirector of theCompany	Not related to anyDirector of theCompany	Not related to anyDirector of theCompany

Brief Profile of above listed Independent Directors

Mr. Venu Srinivasan

Mr. Venu Srinivasan has been associated with CII for nearly 18 years in various capacities. He was the President of CII during the financial year 2009-2010. He also holds directorships in many other companies. Mr. Srinivasan has been conferred in January 2010 'Padma Shri', a prestigious adoration by Government of India in appreciation of his significant contribution for the promotion of trade and industry. He also received the distinguished civilian honour "Order of Diplomatic Service Merit" from the President of the Republic of Korea in the year 2010 in recognition of his valuable contribution in promoting Korea- India bilateral relations. He was also conferred the honorary doctorate degree in science by the University of Warwick, UK in the year 2004 for his excellence in manufacturing and contribution in the field of technology and research and development. He is the first Indian industrialist to be honoured by the Warwick University. He has been conferred with the highest honour, Doctor of Science (Honoris Causa) for his outstanding contribution to the field of Quality Movement and Manufacturing Excellence in India by IIT Kharagpur in the year 2009.

Mr. Srinivasan has been the Vice Chairman of State Manufacturing Competitiveness Council by the Government of Tamil Nadu. He has also been appointed by the President of India as Chairman of the re-constituted board of governors of National Institute of Fashion Technology and is also an Honorary Consul General of Republic of Korea in Chennai.

He was the past President of Automotive Research Association of India, Pune, Society of Indian Automobile Manufacturers and Association of Indian Automobile Manufacturers, Delhi. Mr. Srinivasan is the Chairman and Managing Director of TVS Motor Company Private Limited and Sundaram Clayton Limited.

Mr. Prakash Telang

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Mr. Prakash M. Telang, is a graduate in mechanical engineering from VNIT, Nagpur and MBA from IIM Ahmedabad. He joined the house of Tatas through the prestigious Tata Administrative Service in 1972 and retired in June 2012 after four decades of meritorious service as the Managing Director (India Operations), Tata Motors Limited. During his service at Tata Motors Limited, he has been involved in many new product developments in both commercial vehicle and passenger vehicle space and in setting up many Greenfield plants both in India and abroad, and also, in major acquisitions abroad. He is also credited with a massive cost reduction drive which helped Tata Motors Limited in a major turnaround about a decade before.

Mr. Telang has also served as a Director on the board of various national & multinational Companies doing business in India.

Mr. P. S. Dasgupta:

Mr. P. S. Dasgupta worked as a Senior Associate for more than 14 years in a reputed Solicitor & Advocates Firm with M/s. J B Dadachanji & Co. Presently as a Founder and Senior Partner of M/s New Delhi Law Offices, Solicitor & Advocates. Areas of Practice: Conveyancing, Specialist in structuring and negotiation of Joint Ventures and Foreign Collaborations, Corporate Laws, Foreign Exchange, Anti-trust and Mercantile Laws, Project Contracts including Telecom and other Infrastructural Projects and Financing Contracts, Corporate litigation, Mergers and Acquisitions.

Mr. Dasgupta also serves as a director on the board of various national & multinational Companies doing business in India.

Mr. Nasser Munjee

Mr. Nasser Munjee was educated at the Leys School in Cambridge, UK and then went on to do his Bachelors and Masters Degrees at the London School of Economics, UK. He spent a short while at the University of Chicago, USA before returning to India in 1977. He helped set up the first housing finance company in India – HDFC, as one of it’s first employees and he held many responsible positions during his tenure of 2 decades. In 1997, on the behest of the Finance Minister of India and the Chairman of HDFC, he set up IDFC to tackle the acute challenges that India faced in this field at that time. Presently Nasser sits on 15 Corporate Boards in India which include Tata Motors, Tata Chemicals, HDFC, ABB India, Ambuja Cements (now part of the HOLCIM Group), etc. and is the Chairman of Development Credit Bank Limited. He was the President of the Bombay Chamber of Commerce and Industry and has served on numerous Government Task Forces on housing, infrastructure and urban development.

Mr. Rajeev Bakshi:

Mr. Rajeev Bakshi has pursued PGDM(MBA) from Indian Institute of Management, Bangalore Majored in Marketing and BA (Hons)Economics from St Stephens College Delhi. He has been advising large companies in the Apparel, Financial Services and Nutraceuticals space focused on Strategy and Marketing. He possesses expertise in Marketing.

He has been Non-Executive Director of Marico India, member of Advisory Board Raymonds India since 2015. Further he has been member of the Confederation of Indian Industries National Council. He also served as the Chairman of the National Retail Committee for CII. Member of the National Council of FICCI. He was also the Chairman of the Food Processing Sector Committee.

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