Cummins India Limited announced today that Sandeep Sinha, Managing Director of Cummins India and Vice President of Cummins India ABO, has resigned to pursue business interests outside of Cummins.
"We wish Sandeep well in his new career," said Norbert Nusterer, Vice President and President of Power Systems, Cummins Inc. "We will miss his leadership vision, strong business acumen, and commitment to excellence that enabled the ABO to continue delivering outstanding business performance. Throughout his career, Sandeep lived the Cummins value of excellence through his focus on areas such as safety, quality and operational efficiency. He will also be remembered for his deep commitment to building relationships with customers and employees."
Sinha joined Cummins in 2004 as a Corporate Indirect Purchasing Manager. Over his career at Cummins, he held several leadership roles in Corporate Strategy in the USA, New & Recon Parts and Industrial Engine Business in India. He played a key role in the start-up of multiple plants at the Cummins Megasite in Phaltan, India. Before taking his most recent leadership role, Sinha served as the Chief Operating Officer of Cummins India.
The Cummins India Limited Board of Directors is committed to confirming Sinha's successor and will run an efficient and expendient process. The company continues to operate under a strong leadership team and focused on continuing to deliver strong results for all stakeholders.
Shares of CUMMINS INDIA LTD. was last trading in BSE at Rs.751.45 as compared to the previous close of Rs. 756.1. The total number of shares traded during the day was 4683 in over 209 trades.
The stock hit an intraday high of Rs. 757.85 and intraday low of 743.9. The net turnover during the day was Rs. 3515864.