# 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.

- Type: Acquisition
- Announced: 2024-05-14
- Where: India
- Status: announced
- Products: energy products, solutions and services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md)
- [Siemens](https://endata.com/companies/301.md) (investor)
- [Siemens Energy](https://endata.com/companies/6803.md) (investor)
- [Siemens Energy India](https://endata.com/companies/77397.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/siemens-ltd-spins-off-energy-business-shareholders-to-get-one-share-for-every-share-held/article68175275.ece), 2024-05-14: "Siemens Ltd has obtained board approval to demerge its energy business into a separate entity that will be listed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.