Siemens Limited — Important, 14-04-2025: General Updates
14-04-2025 · 08:53 pm
Siemens Energy India Limited has made a significant move by allotting 35,61,20,505 equity shares at a face value of ₹2 each to the shareholders of Siemens Limited, based on the established record date of April 7, 2025. This share allotment follows a scheme of arrangement between the two companies, with an entitlement ratio of one equity share of Siemens Energy for every share held in Siemens Limited. The new shares are expected to seek listing on stock exchanges pending necessary approvals. Investors should view this development as a substantial shift, adding potential growth opportunities for Siemens Energy while monitoring the listing timeline closely.
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