Siemens Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
SIEMENS · price
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Awaiting price reaction for this filing.
Siemens Limited has informed the stock exchanges that Innomotics India Private Limited has received approval from the Competition Commission of India (CCI) on 12th February 2026 for the proposed sale of Siemens' Low Voltage Motors and Geared Motors business. This follows Siemens' earlier announcement on 8th December 2025 about the proposed transaction. The detailed order from CCI is still awaited, and the deal has not yet been completed, with closure dependent on remaining steps agreed between the two parties.
This is a positive procedural update — regulatory clearance from CCI removes a key hurdle for the deal to close. Shareholders should note the transaction is not yet final and await further updates on completion and any financial impact (such as gains on divestment or revised business segment outlook).