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Siemens Ltd. — M&A Activity 2026
Jun 1, 2026
58989_rns_2026-06-01_84fc53f1-4475-48dd-8b18-cbfdd574932e.pdf
M&A Activity
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SIEMENS
1st June, 2026
National Stock Exchange of India Limited
BSE Limited
Scrip Code –
National Stock Exchange of India Limited: SIEMENS EQ
BSE Limited: 500550
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
With reference to our letters dated 8th December, 2025 and 13th February, 2026, this is to inform you that the Company has today, i.e. 1st June, 2026, completed the sale and transfer of its Low Voltage Motors and Geared Motors business (as more specifically described in our letter of 8th December, 2025) as a going concern on a ‘slump sale’ basis to Innomotics India Private Limited for a cash consideration (enterprise value) of INR 22 billion (Indian Rupees Twenty Two Billion), on a cash free, debt free basis and subject to other adjustments that are mutually agreed between the parties in terms of the slump sale agreement dated 8th December, 2025 entered into inter alia between the Company and Innomotics India Private Limited.
Please find enclosed the Press Release issued by the Company in this regard.
The above disclosure is also available on the website of the Company.
In this connection, the trading window under the Company's Code of Conduct for Prohibition of Insider Trading is closed from 30th May, 2026 to 3rd June, 2026 (both days inclusive).
Kindly take the same on record.
Yours faithfully,
For Siemens Limited
KETAN
NANDKISHO
R THAKER
Digitally signed by
KETAN NANDKISHOR
THAKER
Date: 2026.06.01
08:53:26 +05'30'
Ketan Thaker
Company Secretary
Encl: a.a.
Siemens Limited
Management: Sunil Mathur
Dr Annie Besant Rd.
400030 Mumbai
INDIA
Tel.: +91 22 6251 2191
www.siemens.com
Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030; Corporate Identity number: L28920MH1957PLC010839;
Tel.: +91 22 6251 7000; Fax: +91 22 2436 2404; Contact / Email: www.siemens.co.in/contact; Website: www.siemens.co.in.
Sales Offices: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Kolkata, Mumbai, Nagpur, Kalwa, Puducherry, Pune, Vadodara.
SIEMENS
Press
Mumbai, June 1, 2026
Siemens Limited successfully closes sale of Low Voltage Motors business to Innomotics India Pvt. Ltd.
Siemens Limited has closed the sale of its Low Voltage Motors and Geared Motors businesses, including the related customer service operations (collectively referred to as the Low Voltage Motors business), to Innomotics India Pvt. Ltd.
Related information is available at: https://press.siemens.com/in/en/pressrelease/siemens-limited-board-approves-sale-low-voltage-motors-and-geared-motors-business
Contact for journalists:
Siemens Limited, Media Relations
Bijesh Kamath, phone: +91 22 6251 7000
E-mail: [email protected]
Follow Siemens India on Twitter: www.twitter.com/siemensindia
Siemens Limited is a leading technology company focused on industry, infrastructure, and mobility. The company's purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. For everyone. Everywhere. Sustainably. Further information is available on the Internet at www.siemens.com.
Forward-looking statements: "This document contains forward-looking statements based on beliefs of Siemens' management. The words 'anticipate', 'believe', 'estimate', 'forecast', 'expect', 'intend', 'plan', 'should', and 'project' are used to identify forward looking statements. Such statements reflect the company's current views with respect to the future events and are subject to risks and uncertainties. Many factors could cause the actual result to be materially different, including, amongst others, changes in the general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services, and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend to assume any obligation to update these forward-looking statements."
Siemens Limited
Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road,
Worli, Mumbai - 400030, India
Tel. : (022) 6251 7000
Head, Communications: Indu Sharma
Corporate Identity Number: L28920MH1957PLC010839
Reference number: CM/PR/3/CORP 06 2027