SIEMENS LTD.

Siemens Ltd has announced its Board of Directors has recommended a dividend of ₹18 per equity share for the eighteen-month financial year ended March 31, 2026. This dividend, if approved at the upcoming Annual General Meeting (AGM), will be subject to Tax Deduction at Source (TDS) as per the Income-tax Act, 2025. The company is requesting members to provide necessary tax-related documents by July 29, 2026, to determine the appropriate withholding tax rate. Failure to submit these documents may result in higher TDS, though eligible members can claim a refund later. Details for resident and non-resident members, including specific forms and conditions for tax exemption, are provided.

Siemens Ltd announced the closure of its trading window from June 30, 2026, to August 13, 2026. This closure is in anticipation of the declaration of the company's financial results for the first quarter ended June 30, 2026. The decision aligns with the company's Code of Conduct for Prohibition of Insider Trading, ensuring fair disclosure practices.

Siemens Ltd has completed the sale and transfer of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for a cash consideration of ₹22 billion. The transaction was executed on a slump sale basis, with the consideration being subject to adjustments as per the slump sale agreement. The trading window was closed from May 30, 2026, to June 3, 2026.

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.

Siemens Ltd's board approved audited financial results for the 18-month financial year ending March 31, 2026, and recommended a dividend of ₹18 per share (900%). The board also approved the amalgamation of its wholly-owned subsidiary, Siemens Rail Automation Private Limited, with Siemens Limited. Changes in directors include Tim Holt's retirement, Matthias Rebellius' resignation, and the proposed appointments of Veronika Bienert and Michael Peter as directors.

Siemens Ltd's eighteen-month financial year ended on March 31, 2026. The company applied to the Registrar of Companies (RoC), Mumbai, for an extension to conduct its 68th Annual General Meeting (AGM). On May 25, 2026, the company received an order from the RoC granting a three-month extension from May 11, 2026, for holding the AGM. The date of the 68th AGM will be announced later.

Siemens Ltd has announced a Board of Directors meeting scheduled for May 26, 2026, to consider and approve the standalone and consolidated audited financial results for the year ended March 31, 2026. The board will also consider the recommendation of a dividend on equity shares, if any.

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.

Siemens Limited has received an internal work allocation from its group company, valued at INR 1,825 crores. This order, received on March 25, 2026, is for the manufacturing and supply of bogies, traction motors, and gearboxes. This significant internal transaction highlights the company's operational capacity and secures a substantial revenue stream from within its corporate structure.

Siemens Ltd has announced the closure of its trading window for the purpose of declaring financial results for the year ending 31st March 2026. The closure will be in effect from Tuesday, 31st March 2026 until Thursday, 28th May 2026, as per the company's Code of Conduct for Prohibition of Insider Trading. This move is a routine procedure taken by the company to ensure fair trading practices during the financial disclosure period.