Siemens Ltd to demerge energy business into Siemens Energy India

Siemens Ltd obtained board approval to demerge its energy business into a separate listed entity, Siemens Energy India, with shareholders receiving one share in the new entity for each share held.

“Siemens Ltd has obtained board approval to demerge its energy business into a separate entity that will be listed.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comSiemens spins off energy business, shareholders to get one share for every share held - The HinduBusinessLineOur BureauMay 14, 2024

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