Siemens Limited has informed the Exchange regarding Notice of Postal Ballot
SIEMENS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Siemens Limited has issued a Postal Ballot notice seeking shareholder approval to continue Mr. Matthias Rebellius as a Non-Executive, Non-Independent Director (Special Director, Nominee of Siemens AG, Germany) beyond February 11, 2026. Mr. Rebellius, aged 60, is a member of the Managing Board of Siemens AG and CEO of Siemens Smart Infrastructure. The approval is required under SEBI's Regulation 17(1D), which mandates member approval every five years for continuation of certain directors. Siemens AG and its subsidiaries hold 69% of Siemens Limited's paid-up equity share capital. Remote e-voting will be open from January 1, 2026 (9:00 a.m.) to January 30, 2026 (5:00 p.m.) via NSDL's e-voting platform.
This is a procedural shareholder vote, largely a formality given Siemens AG's 69% majority ownership, which makes approval highly likely. No material impact on the stock price is expected, but it ensures continued representation of the parent company's strategic interests on the board.