Siemens Limited has informed the Exchange about Amalgamation/Merger

Siemens Limited's Board has approved a Scheme of Amalgamation to merge its wholly owned subsidiary, Siemens Rail Automation Private Limited (SRAPL), into the parent company. SRAPL is engaged in rail signalling, train control, and related systems business. Siemens Limited has a net-worth of ₹134,914 million and turnover of ₹220,254 million, while SRAPL has a net-worth of ₹1,017 million and turnover of ₹3,820 million. Since SRAPL is a wholly owned subsidiary, no consideration (cash or shares) will be issued and there will be no change in the shareholding pattern. The rationale includes streamlining corporate structure, achieving operational synergies, reducing compliance costs, and enabling more efficient capital deployment. The transaction requires NCLT and other regulatory approvals.