StockWatch
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Heavy Electrical Equipment
Merger12 Sept 2026, 12:00 pm

Siemens Ltd: Notice to Shareholders on Amalgamation Scheme

AI Summary

Siemens Ltd has issued a notice to its equity shareholders and unsecured creditors regarding the Scheme of Amalgamation of its wholly-owned subsidiary, Siemens Rail Automation Private Limited (SRAPL), with Siemens Limited (SL). This follows an order dated September 7, 2026, from the National Company Law Tribunal (NCLT), Mumbai Bench, which dispensed with the need for meetings of shareholders and creditors. Shareholders and creditors are informed that they may submit representations regarding the scheme to the NCLT, with a copy to Siemens Limited. The notice is dated September 12, 2026, and the record date for identifying shareholders was September 4, 2026. The scheme is in compliance with Sections 230-232 of the Companies Act, 2013.

Key Highlights

  • Siemens Ltd is proceeding with the amalgamation of its subsidiary SRAPL.
  • NCLT order dispenses with meetings for shareholders and creditors.
  • Shareholders and creditors can submit representations to NCLT.
  • The amalgamation is under Sections 230-232 of the Companies Act, 2013.