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Cummins India Ltd. — Interim / Quarterly Report 2021
Jun 23, 2021
60943_rns_2021-06-23_7a4fae70-929f-475c-84d3-75458098a64e.pdf
Interim / Quarterly Report
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Ref: STEX/SECT/2021
June 23, 2021
The Relationship Manager, National Stock Exchange of India Limited DCS-CRD Exchange Plaza, 5[th] 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: Submission of the notice for the attention of equity shareholders of the Company in respect of transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF) Account.
Dear Sir/ Madam,
We enclose copies of notice for the attention of equity shareholders of the Company in respect of transfer of equity shares of the Company to Investor Education and Protection Fund (IEPF) account, published on June 23, 2021 in the following newspapers in accordance with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 .
-
Business Standard (All editions)
-
Loksatta (Pune edition)
Kindly take this intimation on your record.
Thanking you,
Yours faithfully, For Cummins India Limited
VINAYA Digitally signed by VINAYA ABHIJIT JOSHI ABHIJIT JOSHI Date: 2021.06.23 11:14:59 +05'30' Vinaya A. Joshi Company Secretary & Compliance Officer
(This letter is digitally signed)
Encl.: As above.
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, 23 JUNE 2021
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Kalrock-Jalan starts work to fly Jet again
Jet suspended ops in April 2019 & its permit is not valid
ANEESH PHADNIS Mumbai, 22 June
he Kalrock-Jalan consortium is putting together a team of key executives in engineering and operations for Trecertification of Jet Airways’ operating permit. Jet suspended operations in April 2019 and its operating permit is no longer valid. The airline’s new management will have to appoint key executives in engineering, flight safety, operations and security. It will have to update all operations manuals and undergo a regulatory audit before securing permission to start operations. Security clearance of new board members and vetting of shareholding would also be done by the government to ensure that effec- The consortium has shortlisted Sudhir tive control rests with the Indian promoters. Gaur, former head of Jet Airways The consortium has shortlisted Sudhir operations and training, and a few other Gaur, former head of Jet Airways operations executives in senior operational roles. and training, and a few other executives in Gaur has been working with Nepal senior operational roles. Gaur has been work- Airlines following the closure of Jet ing with Nepal Airlines following the closure of Jet. With the passing of the resolution plan, asset preservation team. These comprise engithe insolvency process of Jet has come to an neers, technicians and senior executives, end. Now, a monitoring committee, comprisincluding chief strategy officer Rajesh Prasad ing representatives of banks, the consortium and legal head Gautam Acharya, among and resolution professional Ashish others. They have been working closely with Chhawchharia will oversee the functioning of the resolution professional for the revival of the company for the next 90 days. the airline. While the consortium will be responsible As a part of the resolution plan, the confor negotiations with airports and suppliers, sortium has proposed to the committee will function as a quasi-board transfer employees to a ground handling and look after all corporate actions and complisubsidiary called AGSL and retain only ances. around 50 staff members in the airline. The The new board of the airline will take over employees will also get 0.5 per cent stake in on the effective date the airline, according to the plan. The tribunal which has been set at 90 days from the ruling on these matters is not yet known. passing of Tuesday’s order. The consortium “We, the employees, have been waiting in will also have to pay a performance bank guargood faith for over two years. We are eagerly antee of around ~100 crore and meet other looking forward to flying the Jet colours again conditions. soon and the commencement of training will When Jet Airways shut down in 2019, it be the first step in that direction,” said Captain had around 9,000 employees. Currently, it has Sonica Chhabra, who has been with the airline over 3,000 staff members, including 175 in the since Day One.
asset preservation team. These comprise engineers, technicians and senior executives, including chief strategy officer Rajesh Prasad and legal head Gautam Acharya, among others. They have been working closely with the resolution professional for the revival of the airline.
CCI orders inquiry into Google on smart TVs
REUTERS The CCI said that based case, told Reuters they welNew Delhi, 22 June on information comed the probe, saying available, including Google had restricted the India's antitrust watchdog on submissions made by development of many virtual Tuesday ordered an investi- Google, it was goods and services. gation into allegations that "convinced that a case is The case will be Google's Alphabet Inc's Google abused made out for directing third ongoing antitrust invesits Android operating sys- an investigation" by the tigation in India, where it tem's position in the country's CCI director general. faces a probe into its paysmart television market. Google has denied any ments app and Android The Competition wrongdoing mobile operating system. Commission of India (CCI), Reuters reported last week which last year began looking peted with several well-estabthat an investigation into the into a case filed by two lawlished TV operating systems. smart TV case was likely soon. yers against the US tech giant, "We are confident that our The CCI in June 2020 said its initial review found smart TV licensing practices began looking into allegations Google had breached certain are in compliance with all that Google engages in antianti-competitive laws. applicable competition laws," competitive practices by creThe CCI said that based on a company spokesperson ating barriers for firms wantinformation available, includsaid. ing to use or develop modified ing submissions made by Smart TVs, or WiFiversions of Android for smart Google, it was "convinced that enabled TVs with apps for TVs, such as Amazon Fire a case is made out for directstreaming services, are TV's operating system. ing an investigation" by the increasingly popular. Data The CCI order said Google CCI director general. from Counterpoint Research occupied the "most signifiGoogle has denied wrongshows 8 million smart TV sets cant" position in the relevant doing. In a statement on were sold in India in 2019, market of smart TVs and the Tuesday, it said the emerging with three in five based on initial probe had shown the smart TV sector in India was Google’s Android system. U.S. firm curbed the ability of thriving in part due to Kshitiz Arya and device-makers to sell devices Google's free licensing model Purushottam Anand, two operating on alternative verand said Android TV comIndian lawyers who filed the sions of Android.
COMPANIES 3 ~~<~~ Adani Ports loses KLP over Myanmar military links REUTERS Adani Ports, India’s largest have been killed has drawn a statement to Reuters. the container terminal is Oslo, 22 June port operator, has been under international condemnation A spokesperson for the being built on land owned by scrutiny from international and sanctions on military figMyanmar military did not the Myanmar military and Norwegian pension fund KLP investors over its project to ures and military-controlled answer calls from Reuters that there is an "imminent is divesting from Adani Ports build a container terminal in entities. “Adani's operations seeking comment. danger" the armed forces and Special Economic Zone Yangon on land leased from a in Myanmar and its business KLP, Norway's largest pencould use the port to import Limited on the grounds the Myanmar military-owned partnership with that counsion fund, had an investment weapons and equipment, or as company's links with the conglomerate. try's armed forces constitutes worth nine million crowns a naval base. Myanmar military breached A military coup in an unacceptable risk of con($1.05 million) in Adani Ports "In this way, the port could the fund's responsible investMyanmar on Feb. 1 and an tributing to the violation of at the time of its decision, it be used by the army to conment policy, KLP said on ensuing crackdown on mass KLP's guidelines for respontold Reuters. tinue its violations of human Tuesday. protests in which hundreds sible investment,” KLP said in It was divesting because rights," KLP said.
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V.S.T. TILLERS TRACTORS LTD.
CIN- L34101KA1967PLC001706 VST SHAKTI
Regd. Off: Plot No.1, Dyavasandra Industrial Layout, Whitefield Road, Mahadevapura Post, Bengaluru - 560 048. Ph: 080-67141111 email: [email protected] www.vsttractors.com
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Standalone Audited Financial Results
for Quarter and Year ended 31/03/2021 (Rs. In Lakhs except EPS)
Particulars Quarter ended Year ended Quarter Ended
Particulars 31/03/2021 31/03/2021 31/03/2020
(Audited) (Audited) (Audited)
Total income from operations 19,474 7676,424,424 11,9 8080
Net Profit / (Loss) for the period (before Tax,
Exceptional and/or Extraordinary items) 11,750,750 11,92211,922 (559(559))
Net Profit / (Loss) for the period before tax
1,750 11,922 (559)
(after Exceptional and/or Extraordinary items) 1,750 11,922 (559)
Net Profit / (Loss) for the period after tax 1,293 9,077 (338)
(after Exceptional and/or Extraordinary items) 1,293 9,077 (338)
Total Comprehensive Income for the period
1,274 9,066 (299)
[Comprising Profit / (Loss) for the period 1,274 9,066 -299
(after tax) and Other Comprehensive
Income (after tax)]
Equity Share Capital 864864 864864 86 44
Reserves (excluding Revaluation Reserve as
shown in the Balance Sheet of previous year) -- 66,75766,757 --
Earnings Per Share (of Rs.10/- each)
(for continuing & discontinued operations) 14.9714.97 105.06105.06 -( 3.91 )
basic & diluted
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Note: The Board has recommended 200% Dividend i.e. Rs 20/- per equity share of Rs.10 each, for the financial year 2020-21.
The above is an extract of the detailed format of Quarterly/Annual Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the Quarterly/Annual Financial Results are available on the Stock Exchange websites. (www.nseindia.com, www.bseindia.com and http://www.vsttillers.com/investors/financial-results )
These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.
for and on behalf of the Board of Directors
Date: 21/06/2021
Place: Bengaluru
(V.T. Ravindra) Managing Director
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