Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Appointment of Managing Director

Key Corporate Actions:

The Board of Directors approved the appointment of Mr. Adegbile Adedapo Adewunmi (DIN: 11962843) as an Additional Director and Managing Director, designated as Key Managerial Personnel of the Company.

Effective Date: November 01, 2026

Term: Three consecutive years (until October 31, 2029)

Approval Status: Subject to approval of the members of the Company and other statutory approvals as may be applicable.

Shareholder Approval Process:

The Board proposed to seek approval of members by way of postal ballot.

The Board approved the Notice of Postal Ballot to be circulated to members.

M/s. Mehta & Mehta, Company Secretaries, Pune, appointed as Scrutinizer for the postal ballot's e-voting process.

The Scrutinizer's report along with e-voting results will be submitted to Stock Exchange(s) within the prescribed timeline under Regulation 44 of SEBI LODR Regulations.

Director Profile - Mr. Adegbile Adedapo Adewunmi:

Current Role: Vice President at Cummins, named Corporate Officer in 2024. Leads the $2.5 billion Power Systems Industrial Markets business, overseeing more than 600 employees across multiple continents.

Business Leadership: Directs global portfolio of mission-critical OEM and aftermarket power solutions serving Mining, Marine, Rail, Defense, and Oil & Gas industries. Delivered $300 million in profitable growth over three years.

Previous Roles at Cummins: Executive Director of Strategy for Power Systems business ($4.5 billion business unit), Director of Global Parts Product Management ($2 billion aftermarket portfolio), Managing Director of North and West Africa Distribution business ($40 million operation).

Leadership Philosophy: Passionate advocate for talent development and inclusive leadership. Executive Sponsor of Cummins Next Generation Employee Resource Group.

External Directorships: Serves on Board of Directors for Brightlane Learning, a nonprofit organization supporting educational needs of families experiencing housing instability in Indianapolis.

Education: MBA from Columbia Business School. Bachelor's and master's degrees in Electrical Engineering from Purdue University.

Early Career: Engineer at Delphi Electronics (connected vehicle technologies), Investment banking at Credit Suisse (M&A and IPOs in technology and telecom sectors).

Relationship Disclosure:

Mr. Adewunmi is not related to any other Director or Key Managerial Personnel of the Company.

Filing Compliance:

Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Additional Information:

The intimation is uploaded on the company website at www.cumminsindia.com.