Cummins India Limited Announces Resignation of Venu Srinivasan as an Independent Director and Consequently as Member of Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Audit Committee
September 01, 2020 at 09:08 am EDT
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Cummins India Limited announced that Mr. Venu Srinivasan vide his letter dated September 01, 2020 has resigned from the Board of the Company as an Independent Director and consequently as Member of Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Audit Committee of the Company as an Independent Director due to time constrains arising on account of pre-occupancy and other personal reasons with effect of close of business hours of September 01, 2020.
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.
Cummins India Limited Announces Resignation of Venu Srinivasan as an Independent Director and Consequently as Member of Stakeholders Relationship Committee, Corporate Social Responsibility Committee and Audit Committee