Cummins India Limited Announces Interim Dividend for the Financial Year 2020-21, Payable on February 24, 2021
January 28, 2021 at 10:49 am EST
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Cummins India Limited have declared an Interim Dividend of INR 7/- per equity shares on 277,200,000 equity shares (Face Value INR 2/- each) for the Financial Year 2020-21. The Dividend warrants for the said interim dividend will be dispatched by February 22, 2021 and the dividend will be paid on February 24, 2021.
Cummins India Limited is an India-based manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets. The Company's business units include engine, power systems and distribution. Its engine business manufactures engines from 60 horsepower (HP) for low, medium and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor. Its power systems business designs and manufactures horsepower engines from 700 HP to 4500 HP for marine, railways, defense and mining applications as well as power generation systems comprising of integrated generator sets in the range of 7.5 kilovolt amperes (kVA) to 3750 kVA including transfer switches, paralleling switchgear and controls for use in standby, prime and continuous rated systems. Its distribution business provides products, packages, services and solutions for uptime of its equipment. Its digital products include Acumen, Incal and Inline.