Siemens Limited sells Low Voltage Motors business to Innomotics India for INR 2,200 crore

Siemens Limited's board approved the sale of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for an enterprise value of INR 2,200 crore, expected to close in June 2026.

“Siemens Limited today announced that its Board of Directors has approved the sale of its Low Voltage Motors and Geared Motors businesses... to Innomotics India Private Limited for a consideration (enterprise value) of INR 2,200 crore.”press.siemens.com

• 2 sources
• press.siemens.comSiemens Limited Board approves sale of Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for INR 2,200 crore | Press | Company | SiemensDec 8, 2025
• manufacturing.economictimes.indiatimes.comInnomotics India Acquisition: Innomotics India Acquires Siemens' Low Voltage and Geared Motors Business, ETManufacturingETManufacturing DeskDec 9, 2025

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