BSELowNeutral
Announced Sat, 31 May · 17:40 IST

Please refer to the attached pdf

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Siemens Limited has informed the stock exchanges about a change in its Senior Management. Mr. Naresh Kedari has resigned as Head of IT, with his last working day being May 31, 2025; he has accepted another opportunity with better career prospects. To ensure continuity, Mr. Aditya Rambaksh has been appointed as the Interim Head of IT effective June 1, 2025. Mr. Rambaksh has over 20 years of experience at Siemens and currently serves as Regional IT Head for Digital Industries, with expertise in IT management, large-scale IT projects, M&A, and program management. The disclosure was filed under Regulation 30 of the SEBI Listing Regulations.

Likely market impact

This is a routine internal IT leadership transition with an existing Siemens veteran taking over on an interim basis, so it is unlikely to have any material impact on the company's operations or stock price.