NSE/BSE Codes: NSE Symbol: CUMMINSIND, BSE Scrip Code: 500480

Summary of Key Information:

Nature of Event / Disclosure:

Regulatory filing providing an update on ongoing litigation concerning a labor dispute over the applicable retirement age for certain categories of workmen.

Involved Parties / Authorities:

  • Union: Kirloskar Cummins Employees' Union
  • Judicial Authorities: Industrial Court, Pune; Assistant Labour Commissioner, Pune; Hon'ble High Court of Judicature at Bombay (Bombay HC)
  • Regulatory Reference: SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (Master Circular – LODR)

Date / Timeline of Event:

  • Previous Disclosure: August 14, 2023 (initial intimation under Regulation 30 of SEBI Listing Regulations)
  • Bombay HC Order Date: June 9, 2026
  • Company Receipt of Order: June 11, 2026
  • Current Filing Date: June 12, 2026

Brief Description of Outcome / Dispute:

The dispute concerns the applicable retirement age of certain categories of workmen. The Union contended for a retirement age of 60 years, while the Company contended for 58 years. The matter underwent adjudication before the Assistant Labour Commissioner, Pune and the Industrial Court, Pune, which upheld the modification to the certified standing orders relating to retirement age of 60 years. The Company challenged these orders before the Bombay HC by way of a writ petition.

Impact of Outcome:

Financial Impact:

The Bombay HC has granted an interim stay on the operation and implementation of the impugned orders till the next hearing date. Accordingly, the Company states there is no material financial impact on the Company at this stage.

Operational / Business / Strategic Impact:

The impugned orders continue to be inoperative due to the interim stay. The legal position prevailing at the time of the Company's earlier disclosure (dated August 14, 2023) continues to remain unchanged.

Other Implications:

No material disclosures in this section.

Next Steps / Required Actions:

The writ petition is presently pending adjudication before the Hon'ble High Court and remains to be decided on merits. The Company shall continue to keep the stock exchanges informed of any further material developments in this matter as and when these occur.