Meeting Details
The postal ballot was conducted without a physical meeting. The voting was conducted entirely through electronic means (remote e-voting) as per the Companies Act, 2013 and relevant rules. The cut-off date for determining shareholder eligibility was Friday, September 11, 2026.
Proposed Resolution
The single resolution proposed for shareholder approval was:
- Ordinary Resolution: To approve payment of Commission to Non-executive Independent Directors of the Company
Voting Process and Methods
The voting was conducted through remote e-voting facility provided by the Registrar and Share Transfer Agent, MUFG Intime India Private Limited. The process followed SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, allowing individual shareholders holding shares in demat mode to vote using single login credentials through their demat accounts/websites of Depositories/Depository Participants.
Voting Timeline
The remote e-voting module was enabled from Wednesday, September 16, 2026 (9:00 AM IST) to Thursday, October 15, 2026 (5:00 PM IST).
Communication and Notices
The Notice of Postal Ballot was sent only by email on Tuesday, September 15, 2026, to members whose email addresses were registered with the Depositories (for demat holders) or with the RTA (for physical holders).
Pre-dispatch notice advertisements were published in Business Standard (English) and Loksatta (Marathi) including their electronic editions on Thursday, September 3, 2026.
Public notice advertisements confirming the sending of notices and providing voting information were published in the same newspapers on Wednesday, September 16, 2026.
Scrutinizer Appointment
The Board of Directors appointed M/s. Mehta & Mehta, Company Secretaries, as the Scrutinizer for conducting the postal ballot voting process in a fair and transparent manner, pursuant to Rule 22(5) of the Companies (Management and Administration) Rules, 2014.
Results Declaration
The document states that the results of voting along with the scrutinizer's report will be declared by the Chairperson or Company Secretary by placing it on the company's website (www.cumminsindia.com) and stock exchange websites (www.bseindia.com and www.nseindia.com) within statutory timelines. The actual voting results are not provided in this document.
Compliance Framework
The process was conducted in compliance with:
- Sections 108 and 110 of the Companies Act, 2013
- Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circular 03/2025 dated September 22, 2025
- Other relevant circulars and amendments