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Cummins India Ltd. Major Shareholding Notification 2020

Apr 3, 2020

60943_rns_2020-04-03_f33b203c-3447-449a-98f3-72d64adbb155.pdf

Major Shareholding Notification

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April 1, 2020

The Manager, Listing Department, National Stock Exchange of India Limited 'Exchange Plaza', C - 1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai 400051.

Dear Sir,

Subject: Disclosure under Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

We are enclosing Annual Disclosure of Cummins Inc. under Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the year ended March 31, 2020, as Promoter of Cummins India Limited, Cummins India Office Campus, Tower 'A', 5th Floor, Survey No. 21, Balewadi, Pune 411045, Maharashtra, India.

We request you to take the attached disclosure on record.

Thanking you, we are,

Yours truly, For Cummins Inc.,

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Mark J. Sifferlen Encl.: As below.

Cummins Inc. 301 E. Market Street 5[th] Floor Indianapolis, IN 46204 USA Phone 317 610 2500 Fax 317 610 4801 cummins.com

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Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part —A — Details of Shareholding

l. Name of the Target Company (TC) Cummins India Limited Cummins India Limited Cummins India Limited
2. Name(s) of the stock exchange(s) where the shares of the TC are
listed
BSE Limited (BSE) and National Stock Exchange
of India Limited (NSE).
3. Particulars of the shareholder(s):
(a) Name of person(s) together with Persons Acting in Concert
(PAC) whose total holding (including that in the form of
shares, warrants, convertible securities and any other
instrument that would entitle the holder to receive shares in
the TC) is more than 25% of the voting rights of the TC.
or
(b) Name(s) of promoter(s), member of the promoter group and
PAC with him.
-----------Not Applicable-----------
Promoter:Cummins Inc., U.S.A.
Person acting in concert: N.A.
4. Particulars of the shareholding of person(s) mentioned at (3)
above
Number of
shares
% w.r.t. total
share / voting
capital
wherever
applicable
% of total
diluted share
/ voting
capital of
TC (*)
As of March 31, 2020, of the year, holding of:
a)
Shares
b)
Voting Rights (otherwise than by shares)
c)
Warrants,
d)
Convertible Securities
e)
Any other instrument that would entitle the holder to
receive shares in the TC.
141,372,000
NIL
NIL
NIL
NIL
51%
N.A.
N.A.
N.A.
N.A.
51%
N.A.
N.A.
N.A.
N.A.
Total 141,372,000 51% 51%

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Part —

Name of the Target Company: Cummins India Limited

Name(s) of the person and Whether the person belongs to PAN of the person and PACs Persons Acting in Concert Promoter / Promoter group (PAC) with the person Not Applicable Not Applicable Not Applicable

For Cummins Inc.,

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Mark J. Sifferlen

Place: Indianapolis, Indiana, U.S.A Date: April 1, 2020

Note:

  1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share / voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities / warrants into equity shares of the TC.

  • (**) Part - B shall be disclosed to the Stock Exchanges but shall not be disseminated.

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April 1, 2020

The Manager, Listing Department, National Stock Exchange of India Limited 'Exchange Plaza', C - 1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai 400051.

Subject: Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir/ Ma’am,

We Cummins Inc. declare under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and amendments thereof, for the year ended March 31, 2020, as Promoter of Cummins India Limited (CIL), Cummins India Office Campus, Tower 'A', 5th Floor, Survey No. 21, Balewadi, Pune 411045, Maharashtra, India, that we have not made any encumbrance of any shares of CIL, directly or indirectly, along with persons acting in concert.

We request you to take this submission on record.

Thanking you, we are,

Yours truly, For Cummins Inc.,

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Mark J. Sifferlen

Cummins Inc. 301 E. Market Street 5[th] Floor Indianapolis, IN 46204 USA Phone 317 610 2500 Fax 317 610 4801 cummins.com