AI assistant
Siemens Ltd. — Regulatory Filings 2023
Aug 14, 2023
58989_rns_2023-08-14_01c21826-bf2b-4039-a810-344f930404c0.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
==> picture [116 x 26] intentionally omitted <==
14[th ] August, 2023
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 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
Please find enclosed details of events or information which have become material pursuant to notification of the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023.
Kindly take the same on record.
Yours faithfully, For Siemens Limited
KETAN Digitally signed by KETAN NANDKISHOR NANDKISHOR THAKER Date: 2023.08.14 THAKER 23:03:38 +05'30'
Ketan Thaker Company Secretary
Encl: a/a
Siemens Limited Management: Sunil Mathur CIN: L28920MH1957PLC010839
Birla Aurora, Level 21, Plot No. 1080, Tel.: +91 22 6251 7000 Dr. Annie Besant Road, Worli, Website: www.siemens.co.in Mumbai – 400030 E-mail- CorporateIndia [email protected]
Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030. Telephone +91 22 6251 7000. Fax +91 22 24362403. Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur, Kharghar, Kolkata, Lucknow, Kochi, Mumbai, Nagpur, Navi Mumbai, New Delhi, Puducherry, Pune, Vadodara, Visakhapatnam.
==> picture [116 x 27] intentionally omitted <==
Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact on the listed entity: Direct Tax matters (Contingent Liabilities to the extent not provided for)[#]
(Rupees in Million)
| (Rupees in Million) | ||||
|---|---|---|---|---|
| Name of the statute |
Nature of dues | Amount* | Period to which the dispute relates (April to March) |
Forum where the dispute is pending |
| Income-tax Act, 1961 |
Tax demand on assessment |
0.28 | 1988-89 | High Court |
| 0.22 | 1989-90 | High Court | ||
| 0.02 | 1997-98 | Assessing Officer | ||
| 1.03 | 1998-99 | Commissioner of Income-tax (Appeals) | ||
| 114.26 | 2000-01 | Commissioner of Income-tax (Appeals) | ||
| 118.75 | 2001-02 | Commissioner of Income-tax (Appeals) | ||
| 42.61 | 2002-03 | Commissioner of Income-tax (Appeals) | ||
| 40.55 | 2003-04 | Commissioner of Income-tax (Appeals) | ||
| 1.95 | 2004-05 | Income Tax Appellate Tribunal | ||
| 11.13 | 2004-05 | Assessing Officer | ||
| 3.26 | 2005-06 | Assessing Officer | ||
| 6.40 | 2005-06 | High Court | ||
| 209.98 | 2006-07 | Income Tax Appellate Tribunal | ||
| 537.05 | 2007-08 | Income Tax Appellate Tribunal | ||
| 2.64 | 2007-08 | Commissioner of Income-tax (Appeals) | ||
| 253.39 | 2008-09 | Income Tax Appellate Tribunal | ||
| 5.35 | 2008-09 | Commissioner of Income-tax (Appeals) | ||
| 64.47 | 2009-10 | Income Tax Appellate Tribunal | ||
| 37.21 | 2010-11 | Income Tax Appellate Tribunal | ||
| 34.13 | 2010-11 | Commissioner of Income-tax (Appeals) | ||
| 1,205.25 | 2011-12 | Income Tax Appellate Tribunal | ||
| 97.86 | 2011-12 | Commissioner of Income-tax (Appeals) | ||
| 1,077.93 | 2012-13 | Income Tax Appellate Tribunal | ||
| 10.26 | 2012-13 | Commissioner of Income-tax (Appeals) |
Siemens Limited Management: Sunil Mathur CIN: L28920MH1957PLC010839
Birla Aurora, Level 21, Plot No. 1080, Tel.: +91 22 6251 7000 Dr. Annie Besant Road, Worli, Website: www.siemens.co.in Mumbai – 400030 E-mail- CorporateIndia [email protected]
Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030. Telephone +91 22 6251 7000. Fax +91 22 24362403. Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur, Kharghar, Kolkata, Lucknow, Kochi, Mumbai, Nagpur, Navi Mumbai, New Delhi, Puducherry, Pune, Vadodara, Visakhapatnam.
==> picture [116 x 27] intentionally omitted <==
| Name of the statute |
Nature of dues | Amount* | Period to which the dispute relates (April to March) |
Forum where the dispute is pending |
|---|---|---|---|---|
| 897.88 | 2013-14 | Income Tax Appellate Tribunal | ||
| 5.82 | 2013-14 | Commissioner of Income-tax (Appeals) | ||
| 520.86 | 2014-15 | Income Tax Appellate Tribunal | ||
| 517.77 | 2015-16 | Income Tax Appellate Tribunal | ||
| 492.71 | 2016-17 | Income Tax Appellate Tribunal | ||
| 15.45 | 2016-17 | Commissioner of Income-tax (Appeals) | ||
| 349.58 | 2017-18 | Income Tax Appellate Tribunal | ||
| 0.58 | 2020-21 | Commissioner of Income-tax (Appeals) |
*The amount disclosed herein does not include tax impact on issues which, although contingent in nature, are not expected to have an impact being in the nature of a timing difference.
Indirect Tax matters (Contingent Liabilities to the extent not provided for)[#]
| (Rupees in Million) | ||||
|---|---|---|---|---|
| Name of the statute | Nature of dues | Amount | Period to which the dispute relates (Apr to March) |
Forum where the dispute is pending |
| CST Act, 1956 (MH) | CST demand on assessment including Interest and penalty |
387.52 | 2011-12 |
First Appellate Authority, MH |
| 201.07 | 2012-13 |
|||
| 199.62 | 2013-14 |
|||
| 152.06 | 2012-13 |
|||
| 148.62 | 2016-17 |
|||
| 47.84 | 2015-16 |
|||
| 35.91 | 2014-15 |
|||
| 14.18 | 2017-18 |
|||
| 619.58 | 2010-11 |
Maharashtra State Tax Tribunal, Mumbai |
||
| 390.12 | 2009-10 |
|||
| 248.10 | 2007-08 |
|||
| 127.95 | 2006-07 |
Siemens Limited
Management: Sunil Mathur CIN: L28920MH1957PLC010839
Birla Aurora, Level 21, Plot No. 1080, Tel.: +91 22 6251 7000 Dr. Annie Besant Road, Worli, Website: www.siemens.co.in Mumbai – 400030 E-mail- CorporateIndia [email protected]
Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030. Telephone +91 22 6251 7000. Fax +91 22 24362403. Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur, Kharghar, Kolkata, Lucknow, Kochi, Mumbai, Nagpur, Navi Mumbai, New Delhi, Puducherry, Pune, Vadodara, Visakhapatnam.
==> picture [116 x 27] intentionally omitted <==
| Name of the statute | Nature of dues | Amount | Period to which the dispute relates (Apr to March) |
Forum where the dispute is pending |
|---|---|---|---|---|
| 52.99 | 2007-08 |
|||
| 9.19 | 2010-11 |
|||
| 3.17 | 2011-12 |
|||
| 2.69 | 2009-10 |
|||
| 1.16 | 2001-02 |
|||
| 0.90 | 1973-74 |
|||
| Maharashtra VAT Act, 2002 |
VAT demand on assessment including Interest and penalty |
33.54 | 2013-14 |
First Appellate Authority, MH |
| 28.17 | 2014-15 |
|||
| 23.49 | 2015-16 |
|||
| 0.50 | 1973-74 |
Maharashtra State Tax Tribunal, Mumbai |
||
| West Bengal VAT Act, 2003 |
VAT demand on assessment including Interest and penalty |
129.63 | 2007-08 |
West Bengal Taxation Tribunal |
| 121.70 | 2008-09 |
|||
| 68.60 | 2011-12 |
|||
| 63.12 | 2015-16 |
|||
| 57.34 | 2006-07 |
|||
| 50.05 | 2017-18 |
|||
| 43.14 | 2010-11 |
|||
| 36.40 | 2016-17 |
|||
| 22.12 | 2014-15 |
|||
| 0.52 | 2009-10 |
|||
| 0.18 | 2003-04 |
In respect of above contingent liabilities (Direct and Indirect Tax matters), the future cash outflows are determinable only on receipt of judgements pending at various forums / authorities. The Company is of the view that it stands a good chance that the above matters are ultimately concluded in favor of the Company and does not foresee a material financial impact.
Siemens Limited Management: Sunil Mathur CIN: L28920MH1957PLC010839
Birla Aurora, Level 21, Plot No. 1080, Tel.: +91 22 6251 7000 Dr. Annie Besant Road, Worli, Website: www.siemens.co.in Mumbai – 400030 E-mail- CorporateIndia [email protected]
Registered Office: Birla Aurora, Level 21, Plot No. 1080, Dr. Annie Besant Road, Worli, Mumbai – 400030. Telephone +91 22 6251 7000. Fax +91 22 24362403. Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur, Kharghar, Kolkata, Lucknow, Kochi, Mumbai, Nagpur, Navi Mumbai, New Delhi, Puducherry, Pune, Vadodara, Visakhapatnam.