Regulatory14 May 2026, 08:11 pm
Siemens Ltd Receives Approval for Financial Year Change
AI Summary
Siemens Ltd has received approval from the Central Government, via the Regional Director, Western Region Directorate I, Ministry of Corporate Affairs, Mumbai, for changing its financial year to a uniform cycle of April 1st to March 31st, starting April 1st, 2026. The approval also covers the one-time transitional 18-month financial year from October 1st, 2024, to March 31st, 2026, as previously communicated on August 8th, 2025.
Key Highlights
- Siemens Ltd to adopt uniform financial year from April 1st to March 31st.
- Approval received from Central Government via Regional Director, Mumbai.
- 18-month transitional financial year from Oct 2024 to March 2026 approved.
- New financial year cycle starts April 1st, 2026.
Price Impact
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