Siemens Ltd Approves Amalgamation of Siemens Rail Automation

The Board of Directors of Siemens Ltd has approved a Scheme of Amalgamation of its wholly-owned subsidiary, Siemens Rail Automation Private Limited (SRAPL), with Siemens Ltd. The amalgamation is subject to approvals from statutory and regulatory authorities, including the National Company Law Tribunal. As SRAPL is a wholly-owned subsidiary, no consideration will be issued, and no valuation is required. SRAPL's net worth as of March 31, 2026, was ₹1,017, with a turnover of ₹3,820, while Siemens Ltd's net worth was ₹134,914 and turnover was ₹220,254. The board meeting concluded at 4:50 p.m. IST, and the trading window remains closed until May 28, 2026.