Siemens Limited — Updates, 14-04-2025: Scheme of Arrangement

Siemens Limited has announced a board meeting regarding the apportionment of the cost of acquisition of equity shares related to its Scheme of Arrangement with Siemens Energy India Limited (SEIL). The Scheme includes a demerger of the Company's Energy Business, effective from March 25, 2025, with SEIL allotting 35,61,20,505 equity shares to Siemens' shareholders based on a 1:1 ratio. Shareholders are advised to allocate their acquisition costs between Siemens and SEIL, with 76.18% attributable to Siemens and 23.82% to SEIL. This update may foster a positive outlook among investors, as it streamlines business operations and clarifies share attribution post-demerger.