Siemens Limited — Others, 31-10-2024: Action(s) taken or orders passed

Siemens Limited has been ordered by the Labour Court in Anand, Gujarat, to pay a penalty of INR 5,000 for violations related to the Building and Other Construction Workers Act. The company has paid the penalty and does not anticipate any material financial impact from this order. The delay in disclosure was unintentional and promptly addressed once acknowledged.