Dividend17 Sept 2026, 11:00 am
Cummins India withholds ₹46 dividend for KYC non-compliant shareholders
AI Summary
Cummins India has announced the withholding of its final dividend of ₹46 per equity share for FY 2025-26 for shareholders whose folios are not KYC compliant or have incorrect/incomplete bank details. This action is in compliance with SEBI regulations and circulars mandating electronic dividend payments for KYC-compliant folios. Shareholders are urged to update their KYC details with the Registrar and Share Transfer Agent (RTA) or Depository Participants (DPs) to receive their withheld dividend. The company has sent individual communications to affected shareholders.
Key Highlights
- Final dividend of ₹46 per share withheld for KYC non-compliant folios.
- Action taken as per SEBI regulations for electronic dividend payments.
- Shareholders must update KYC details to receive dividend.
- Affected shareholders have been individually communicated.
- Dividend will be released upon successful KYC update.
Price Impact
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