Siemens India shares gained 3% after the National Company Law Tribunal (NCLT) approved the demerger of its energy business into a separate entity, Siemens Energy India Ltd. This move aligns with Siemens AG’s global strategy, following a similar demerger in 2020. As of 9:43 AM, the shares were trading 2.00% higher at Rs 5,221.30.
As part of the process, Siemens shareholders will receive one share of Siemens Energy India for every share they hold, based on a 1:1 equity allotment ratio. The record date for this allotment is set for April 7, 2025. The appointed date for the demerger is March 1, and it becomes effective from March 25.
Siemens Energy India will soon be listed independently on the stock exchanges, a move expected to unlock greater value for shareholders. Guilherme Vieira De Mendonca, previously heading Siemens’ energy business, will take charge as the MD and CEO of the newly demerged company. Harish Shekar, former finance head of the energy unit, has been named Executive Director and CFO.
Siemens India shares opened at ₹5,300 on Wednesday, reaching a high of ₹5,315 and a low of ₹5,201 during the session. The stock remains significantly below its 52-week high of ₹8,129.90 but above the 52-week low of ₹4,566.
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