MoneyWorks4Me

Siemens has informed about the decision of the Board of Directors of the Company approving the scheme of arrangement (Scheme) amongst the Company (Siemens Limited / Company / Demerged Company), Siemens Energy India Limited (SEIL / Resulting Company) (a wholly owned subsidiary of SL, which was incorporated on 7th February 2024) and their respective shareholders and creditors, providing for the demerger of the Company's Energy Business (as defined in the Scheme) to SEIL in compliance with Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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