Siemens Limited — Others, 31-05-2025: Shareholders meeting

Siemens Limited has announced a postal ballot seeking shareholder approval to continue material related party transactions with its ultimate holding company, Siemens Aktiengesellschaft, Germany, for FY 2025-26. These transactions, expected to reach up to ₹7,500 Cr, cover purchase and sale of goods/services, license fees, guarantee commissions, and reimbursements, all within normal business terms. These dealings are crucial for operational efficiency, access to Siemens’ technology, brand, and global supply chain, representing about 34% of Siemens Limited’s consolidated turnover, thereby supporting smooth business continuity.