| Scheme of Arrangement (Demerger) of SIEMENS LTD (Scrip Code 500550) |
Trading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement between Siemens Limited (“Company” or “Demerged Company”) and Siemens Energy India Limited (“Resulting Company”) as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench , SIEMENS Limited has informed the Record Date fixed for the purpose of determining the shareholders of the Demerged Company who will be eligible to receive the equity shares of the Resulting Company as consideration for the Scheme : -
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COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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EX-ENTITLEMENT FROM
DATE &
SETT. NO.
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SIEMENS LTD
(500550)
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07/04/2025
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As per Scheme of Arrangement (Demerger) approved by the Hon'ble National Company Law Tribunal, Mumbai Bench, between, SIEMENS LTD and Siemens Energy India Limited. and their Respective Shareholders and Creditors;
The Scheme provides for Demerger of the Energy Business of SIEMENS LTD INTO Siemens Energy India Limited ;
Upon the Scheme becoming effective and In consideration of the Demerger as stated above, Siemens Energy India Limited ("SEIL"), shall issue and allot Equity Shares to the shareholders of SIEMENS LTD ("Company") in the following proportion:-
1 (One) Fully Paid-Up Equity Share of SEIL having a Face Value of Rs.2/- (Rupees Two) each to be issued for every 1 (One) Fully Paid-Up Equity Share of Rs.2/- (Rupees Two) each held in the Company
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07/04/2025
DR-606/2025-2026
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Note:
(1) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, the aforesaid scrip shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS)) on 7th April, 2025. For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session.
Subject to compliance with requisite formalities, the Equity Shares of the Resulting Company i.e. Siemens Energy India Limited will be listed on BSE Limited.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
April 02, 2025
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