Cummins India Limited's Board of Directors has approved a proposal to acquire an equity stake of at least 8.78% in Clean Max Yellowstone Private Limited (Clean Max), a Special Purpose Vehicle, by investing up to ₹2.70 crore. This investment is part of a group captive power plant initiative to procure renewable power (solar/wind/hybrid) for the company's factories and premises. The investment will be made alongside two other Cummins group entities in India under a Group Captive Model. Collectively, these entities will hold at least 26.00% of Clean Max's equity share capital, fulfilling the regulatory requirement for group captive power plants. The Share Purchase Agreement (SPA) has been signed, with the closing of the transaction expected within approximately three months. Clean Max Yellowstone Private Limited, incorporated on September 23, 2024, is engaged in developing and operating renewable energy projects. The acquisition aims to reduce Scope 2 greenhouse gas emissions and optimize power costs for Cummins India. The transaction is not considered a related party transaction, and no promoter or promoter group entities have an interest in Clean Max.