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Cummins India Ltd. — Capital/Financing Update 2021
Jan 13, 2021
60943_rns_2021-01-13_21174e39-a553-49de-bc55-b910126e2eb3.pdf
Capital/Financing Update
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Ref: STEX/SECT/2021
January 13, 2021
The Relationship Manager, National Stock Exchange of India Limited DCS-CRD Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 500480 NSE Symbol: CUMMINSIND
Subject: Board Meeting for approval of unaudited financial results for the quarter and nine months ended December 31, 2020 and considering declaration of Interim Dividend for the Financial year 2020-21.
Dear Sir/ Madam,
In terms of Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Company will be held at Pune through video conferencing on Thursday, January 28, 2021, inter alia , for:-
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(i) To consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2020, and;
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(ii) To consider declaration of Interim Dividend for the Financial Year 2020-21.
Also, we are enclosing the copies of the notice published in newspapers Business Standard (All editions) and Loksatta (Pune edition) on January 13, 2021, in terms of Regulations 47 of the SEBI (LODR) Regulations, 2015 for the above-mentioned details.
Kindly take this intimation on your record.
Thanking you,
Yours faithfully, For Cummins India Limited
VINAYA Digitally signed by VINAYA ABHIJIT ABHIJIT JOSHI JOSHI Date: 2021.01.13 11:58:44 +05'30' Vinaya A. Joshi Company Secretary & Compliance Officer
(This letter is digitally signed)
Cummins India Limited Registered Office Cummins India Office Campus Tower A, 5[th] Floor, Survey No. 21, Balewadi Pune 411 045 Maharashtra, India Phone +91 20 67067000 Fax +91 20 67067015 cumminsindia.com [email protected] CIN : L29112PN1962PLC012276
MUMBAI | WEDNESDAY, 13 JANUARY 2021
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POLITICS & PUBLIC AFFAIRS 13
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Dynastic politics biggest enemy of democracy: PM
PRESS TRUST OF INDIA
New Delhi, 12 January
rime Minister Narendra Modi on Tuesday blasted dynastic politics P as the “biggest enemy” of democracy and said it gives rise to a new form of "dictatorship" and burdens the country with “incompetence”. Addressing the valedictory function of the second National Youth Parliament Festival, Modi launched an all out attack on dynastic parties, saying those who rise due to their dynasties have no respect and fear of law as they believe if their previous generations were not accounted for corruption, none can touch them as well. “They see such examples in their own families. So they have neither respect nor fear of law,” he said, asking youngsters to join politics as this is “necessary” to save Addressing the valedictory function of the second National Youth Parliament Festival, it. Though he did not name any party but Modi said those who rise due to their dynasties have no respect and fear of law PHOTO: PTI he has in the past often hit out at Opposition parties, including the new form of dictatorship in democracy enemy” of democracy. Congress, for being run by families. and burdens the country with incompe“The biggest enemy of democracy still He said: “It is true that (in politics) the tence. Dynastic politics only strengthens exists and that is dynastic politics. fortunes of those who have been winning the sentiment of ‘me and my family’ Dynastic politics is such a challenge elections on the basis of surnames are instead of ‘nation first’,” he said. before the country that has to be rooted dwindling. But in politics, this disease of Modi, however, added that things out,” he said. Exhorting youngsters to dynastic politics is not completely finhave changed from a time when people join politics in his virtual address, the ished.” They, he said in a reference to associated politics with “violence, corprime minister said the “poison of dynasthese dynasties, are also a very big reason ruption, and loot” and thought it cannot tic politics” will continue to weaken behind political and social corruption in change. A youngster joining politics was democracy unless they enter it. the country. seen as someone who has gone astray, The nation’s politics like any other Though people have now been suphe said. People are now so aware that sector needs them and their new porting honesty and performance, and they stand with honest people in politics thoughts, energy, ideas and dreams a lot, the legacy of “corruption” of those in and give them a chance, he said, asserthe said. Referring to dynastic politics, he dynastic politics have become a burden ing that honesty and performance have said this can be changed through awarefor them, but the “disease of dynastic polbecome “first essential requirements of ness and the young generation joining itics” has not been fully eradicated, the today's politics”. politics. prime minister said. This has happened due to pressure His government has been organising “There are still people whose conduct, created by the awareness in the country, and promoting youth-related events, ideas and goals are all aimed at saving he said, before noting that some including holding mock parliament, to their family politics and their families in changes are still required and highlightprepare the young generation in this politics. Dynastic politics gives rise to a ing dynastic politics as the “biggest regard, Modi said.
Corporate Identity Number (CIN): L24239MH1924PLC001151 Dr. Annie Besant Road, Mumbai 400030 • Telephone: 022-24959595 Fax: 022-24959494 • Email: [email protected] • Website: www.gsk-india.com
NOTICE
Notice is hereby given pursuant to Regulation 29 read with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that a meeting of the Board of Directors of the Company will be held on Friday, February 5, 2021, inter alia, to consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2020. This intimation is also available on the website of the Company at www.gsk-india.com/en-in/investors/shareholder-information/ newspaper-publication/ and on the website of the Stock Exchanges where the shares of the Company are listed at www.bseindia.com & www.nseindia.com . For GlaxoSmithKline Pharmaceuticals Limited Ajay Nadkarni Place: Mumbai Vice President – Administration, Dated: January 11, 2021 Real Estate & Company Secretary
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kets to new highs,” says capacity of 5.7 million vials a pital in Ghaziabad pointed out, Dhananjay Sinha, headday. the dry run had to be halted According to the data from the research, Systematix Institu - After the first lot of doses due to internet glitches. Reserve Bank of India (RBI), tional Equities. According to landed in four major zonal cenThere could be other issues the combined m-cap of all BSEhim, the markets will cool only tres--Delhi, Kolkata, Bengaluru as well like weather or mechanlisted companies was ~3.23 trilwhen the central bank tightens and Chennai--these were ical problems. The process will lion at the end of March 1992 liquidity due to fears of hypertrucked to hospitals from become more complex as disand ~4.35 trillion at the end of inflation. But this scenario where it would be distributed tribution moves from large March 1995. This has now ballooks remote right now. to thousands of nursing homes, urban and suburban areas to looned to ~197.5 trillion as of hospitals and dispensaries more remote locations with Tuesday. The underlying coracross 718 districts. Vaccines smaller populations, as was the porate and economic fundaarriving in Delhi and other case in Agartala, capital of SC stays... mentals have, however, not hubs get the fast-lane treatTripura, on Tuesday. kept pace with the surge in “The implementation of the ment meant for priority packreceived only 100 dosages as stock valuation on the bourses three farm laws -- Farmers’ ages, with an early delivery one of the flights that was supin the past nine months. Produce Trade and Commerce commitment the following day. posed to carry the vaccine was For example, while the (Promotion and Facilitation) That’s part of the logistics cancelled due to poor weather, Nifty valuations touched a new Act, Essential Commodities worked out for the vaccine a state government official high on Tuesday, the index (Amendment) Act, and transportation. said. But the day one of the vacunderlying EPS — that tracks Farmers (Empowerment and Kunal Agarwal, co-founder cine movement was termed the combined earnings of 50 Protection) Agreement on Price at Kool-Ex Cold Chain, successful by bureaucrats. index companies — is still Assurance and Farm Services however, said, “for us, carrying “We can say that we have down nearly 20 per cent from Act — will stand stayed until this vaccine is just a new prowon the first round. Flights the highs reached in January further orders,” it said. duct in our business which we out of Pune have seamlessly this year. The Bench said it deemed have been doing for years. transported out the vaccines. Similarly, the index comfit to pass the interim order Whether Serum or Bharat Priority take-off and landing panies’ return on equity (RoE) “with the hope and expectation Biotech, these are our old status was given. Vaccines continues to hover around that both parties will take this clients. Our trucks are bulk carwere loaded last, so that it can record lows and is down nearly in the right spirit and attempt riers of vaccines and are meant be unloaded first at the 310 basis points since the to arrive at a fair, equitable and for long haul transport.’’ Truck destination airport. Now off beginning of calendar year just solution to the problems”. fleets that work with pharmato the second stage,” said an 2020. One basis point is oneThe Bench lauded the ceutical companies typically go official involved in the logishundredth of a per cent. farmers for carrying out their through quality audits and certics process. The index companies’ RoE agitation against the farm laws tifications. On a day with back is 10.2 per cent on average, curpeacefully. to back vaccine-related activrently down from 13.3 per cent “While we may not stifle a ities, a Kool-Ex truck carried Tesla opens... at the end of December 2019. peaceful protest, we think that the vials from Delhi Airport to For comparison, the Sensex this extraordinary order of stay the Rajiv Gandhi Super No location has yet been finalRoE was around 18 per cent in of implementation of the farm Specialty Hospital (RGSSH), ised for Tesla to set a manufacApril 1992 at the height of the laws will be perceived as an some 36 km away from the airturing plant in the state, he Harshad Mehta rally and 14.4 achievement of the purpose of port in the afternoon. added. Gaurav Gupta, principer cent in October 1994. such protest at least for the RGSSH, a key Covid facility pal secretary to the governOn Monday, the RBI goverpresent and will encourage the in Delhi, is doubling up as a ment of Karnataka, said the nor raised concerns over the farmers bodies to convince vaccine storage centre. “We state had been in regular touch growing disconnect between their members to get back to have installed 90 deep freeze with Tesla for the last few the financial markets and the their livelihood, both in order refrigerators in the last one months. real economy, saying stretched to protect their own lives and month which will help us to Vaibhav Taneja, Venkat - valuations posed a risk to health and in order to protect maintain temperature between rangam Sreeram, and David financial stability. The the lives and properties of 2 and 8 degree Celsius. The Jon Feinstein will be the three International Monetary Fund others,” the Bench said and freezers will give a warning directors of the new company. has raised similar concerns in posted the matter for further beep sound in case temperaUnion Minister for Road its Financial Stability Report hearing after eight weeks. ture rises above 8 degree,” said Transport and Highways Nitin published in June 2020. Dr Chhavi Gupta, spokesperGadkari had in December said Market analysts, however, son at RGSSH. that Tesla would be arriving in say there no ceiling on the mar- Covid vaccine... Unlike the Pfizer vaccine India in early 2021. Tesla CEO ket on the upside, given the requiring ultra low temperaElon Musk too had last year gush of liquidity at the bourses. The air cargo terminals at the ture, the Serum vaccine can be announced on Twitter that his “The stock price and valairport would work 24x7 to supstored at 2-8 degrees. Even so, company would enter India in uations will continue to rise as port the vaccine movement. dry ice or refrigerant gel packs 2021. The world’s most valulong as liquidity remains As the Spicejet aircraft landed are a must. Nirbhik Narang, able auto company is likely to benign. Foreign investors are in Delhi after a two-hour flight, head of cargo division for statemake its debut in India with pumping in fresh capital of the vaccine boxes were transowned Air India, which flew 23 the more affordable Tesla ~2,000-3,000 crore a day on the ported by cool dollies to wareboxes of vaccines to Model 3. Expected to cost Indian bourses, pushing marhouses which can maintain a Ahmedabad, explained, ‘’we around ~60 lakh, the fully elecare packing the vaccines in gel tric vehicle is powered by a BS SUDOKU # 3256 packs as that is sufficient to 60kw hour lithium-ion battery maintain the required tempack with a range of 500 km. perature for Covishield. When The sedan has a top speed of they are exported internaaround 250 km and goes from Medium: tionally, we may have to use dry 0 to 60mph in only 3.1 seconds. ««« ice,” he said. To begin with, Tesla will Solution tomorrow As the vaccination day take an imported route for its nears, planning is being initial innings and therefore stepped up for a complicated attract high duties. It will also supply chain network comprisnot be eligible for the FAME SOLUTION TO # 3255 ing factory workers, truck drivscheme. ers, pilots, bureaucrats, police, Karnataka is currently a pharmacists and health-care hub of several EV makers such workers to converge seamas Ather Energy and Mahindra lessly, officials said. Electric. In December, electric But, there are worries mobility solutions and services ~~HOW TO PLAY~~ around a patchy internet netcompany SUN Mobility had Fill in the grid so that every row, work—a hurdle for the Co-Win also announced plans to roll every column and every 3x3 box platform that’s at the core of out 100 battery swapping stacontains the digits 1 to 9 tracking the vaccine delivery. tions in Bengaluru by the end As a doctor from a public hosof 2021.
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J-�'<il-.ld[ll..m] �- .... f,l•,\C.., .. �-o tf;l ,\l � -.�-t, " ll• '\ •'\'<l ""° � � ifi•1 1a � �- �(l,cft6 ������������������������������ ������������ � ������ � � www.unishivaji.ac.in �••k,1�-1 31'"" 1t1,1uA lf\'lf "M.Phil.l Ph.D. Special Admission Drive 41i61'tiu '('l�a.p.ioS -ri'frtflrllTTTG41Vi45liu.il����� 3mRnlf�lm"� Slrhlfiild gl0.U<41 f'a ◄ i&iNI\� t'< � -�· >hf � -• -�,� , a>l4<41<1i! ..ii,mr W?IT ;lnfr � 2019-20" � "AICTE Doctoral Fellow(AOF) Ph.O.Admission 2020-21 ��ifi1J?ll. �mtfw:r4JTJ ',!4(0t41i1 Ui t�•• ifi.lGINII� fq,m ��� ������� -� omvr lfill!l) mllf, ti,,t-il (ll'NI', ,qI01s11 "'1V llUTR f.r<I,, 'II (o) "'l 1.1, Fdei< itc: � � \q&i&e "1nm, Y410i45l � �- � � � � � ��������� ��� � ���� 4�.,:q1il �4jq:; � 3NlB41 �,.;fun 'I wr.f, � ('!mll'III) �,n.•�.,.,, 'loQr.fl �- �i4Mlf4 3r.J fi&i kl@lq( JQM«U�.: ��/o�/�o��. ,��) ��������������������� ���.oom.� ������������������ �- � cf>(U<l ll affirn�. ��/0�/'�0�� mfi. ��.00 ��������������������������� c .i\q<fn. ��������������������������� ,m� (ffl tiP.!�H cloo1q,if, Pclqjlcfl.Slv�I � � � ��������������������������������� SBI Life • i6'{•<1 i:1 �-) _JNSURA1VCE_ ��������������������� faifilDI: 161Hil� 1ii1'('1fil<1 With Us, You're Sure ������������������������� miifi: t �/01 /�o�'[, ] §<rl ilil 31 gw11t11a1, ������������������ • ��������������������������������� PUBLIC NOTICE ������������������������������� Mr. Ravil � (fdi?eittll vl<l <l�I--QI ffl S!'le\cfHOlltl.1 3ifcf�ll<@I) cfill-1<;1, :11 ffi fll .� 101 ••• al alias Mulji Trikamdas Shah, Member of the Kristinkw;j Co. Ltd. having address al Survey no. 65 Hissa no 1 N2, ��������������������� Operabve Housing Society ng ;'O't'j (f's!R-e>I ��) � iffi.'!If \/19 ffl'ilo <ffiR't 3R@T � ����������������������������� to 320 and Flat baKO/ldf1'•8 8udru11. Pune 411 046 who was ho!Qlrir,g no . 804, io B Wong of the Society situated on &th floTe11 Shsresdi$llf1Ctive nos, 311 . r, <'\ 3Rfl[ � � �Ullk1 l@ 3fffi $f S'I � Ji I ..q '.rft '� 'f" isl I cl cf> 41 1.11 rf I ' �cl i ill I 3 uuq cl ���������������� adrneasurlng 72_56 sq. mtrs. + To,race admeasurlng 9.570 sci mtrs. alongw,tn -,® @w1 �cil&1q.fl�o f.l&.1>ii4f4� � tiqaRi1 � � Car Parlelng IIO,CP,11 admeasuring 9 sq mtrs C1 ed on 30 10 2013, His sons m �HM namely Mr. Arvind Ravilal Sh.ah and Mr. Oh.iraj Ravilal Shah has applied to Iha c.f>(u ll midi 3TTfur cl i:q-< c.f>( o Zff<'ildl <f,q..flui1 '<itl 1 '1.soo,tfl w:n l-lf41S41iH 91<.11 �- 3l1Jitj 1R !!Mii.<. � � Society for tra11s1erring the said Shares and Fial in lholr names In view of Will << �� ��� ������������������ � dated 23,01 .2014 of Mr. R811 lal alias Mul1I Trilcamd8s Shah., RHll11ben Bhupendra Haridas Shah and '{li'b<l i(, R-1i<P �1441.fl <0<'1 � �. fl q4A i:i@ � 1 a 1a cl oicfi cJ>{I. ������� � � ��� ������� ������ Bhanuben Dineshbtu,i Chalurbhuj Shah fd!R[1] 1 �ffi � f.wr � daughlOr$ of lalo Mr. Ravilal alias Muljl Tnl<amdas Shah ha,o acoordod !Mir �li/<l-t <I(, 'd� �. � � ������� � ����� �������������� � ��� consentf0t same. www.sbilife.co.in m) • � � The Society hereby m\l tes cla•ms or obje<:11ons from lhe hel</s or other (l'q� ciiq-tlui1 �•H1 {ccN �� ��������������������������� www.nselndla.com q1�c : o a 10 � � claimant/s, obieclors io transfer or the said Shares and Flat of the deceased <'41wuiil 'fcJ <:•rHQ;:ij-fti41 �o1+t1{cilq( q;cffi atstfw, !!crti.fi1olt1 �� � �� ���� ��������������� � ����� memoorin the Joint namGs of Mr Arvind Ra•ilal Shah and Mr. Dhoraj Ravilal Shah www.bseindia.com � within a period of 1 O dl!ys ftom the pvblocatlon of 1tlls not.>ce with cople11 of such ns. 1)-� 3ll1il! mt � ;aqt'l,u �. �� ������������������������� docume11 and other proofs ill support of his f her I their claims f objeci If no claims} objections are received within the period prescribed above, the ¢fcr1 left.ft: 8 � ��� � �������������� � � � ���� � ���� Society shall be frea to deal wilh tho Shares and Flat ofthe dee.eased memlMor 11 �3m:[ � r-�� fi:l�eg mat ������������������ � � ���������� � �������������� � � ���������� the Joint nam,es of Mr, Atvind R<Mlal Shah and Mr, Otilral Riwllal Shah ,n such manner as is provided under the bye-laws or the Society. The claims I objections, II any rocelvsd by the Society lor translM of Sllares and lnlorosl ol ttlll Clecot sod f<Hiq1; 'I� GH9<1 �. <0<'1 � � �/- W5411 � �tfcpJ:t : { 25,000 q J:lruq; faq,jUj ; � ��������� ������������������������ member shall be dea with in the manner provided t.mder the bye·law"S of Iha �� � Society. ����� � ���������������������������������� ��� � ��� � � the dairnants / 01itectors mlh tho Secretary 01 th& So<:,ely b8lw8M 04 to 7 p.m Acoi>Y oflhe registered Bye-lawsof lhe Society i:s available for inspection by ?N lic:1& !1'�1 ;irr� � <'ll il- t 'l'mft<I � � � • � w �4toll<I � � from lhe date of publk:ation of the no bee lill 1tle date of e�piry of its pellOd. � �, 4<•k<lin•fn � if;{'Jlllff arrg_ �3lll! � � if.ll'f': �. ������� ������������������� !ll1llfu lZllll� =. � �- al� ���� � ������������� � � ��������� Date 13/0112021 Place;Pvne Kns.hnlwni Co·operabve Housm9 Soaety ltd Secrelllry Chairman -1'iqc.i1�0 3lffel ('l,if), w m 'jill-400 069 CIN:L99999MH20. m �i; � ,;fpi � 'l�fll••lft'l -iiffA, PLC{91 22J 129113. IRDAI e191os11. � � ;j _ 111. ; Call 1800 212 4050 I lokmanyasociety.org �������������������� Kondhwa Budruk, Pune411 046 Survey no. 65 Hi$$11 no, 1A/2, W\W-Sbilile.co.in (91 2:2) 61a1000 I �-IR'I � · [email protected] ffi � �-l'oo o�o. 97256-08007 f-1+.n "'�q1g1 8l�Q1g1 gq101q , 1 Ji �= = R a 3'o's C:U$TOll �•0· cik-tc1t =A6l::i I 11+.n
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