Siemens (SIEMENS) — Board Meeting

Siemens Limited's Board approved the sale of its Low Voltage Motors business to Innomotics India Private Limited for ₹2,200 crore on a slump sale basis. The business contributed 6% of revenue and 2% of profit (excluding the demerged Energy business) in FY2025. The sale aligns with Siemens AG's October 2024 divestiture of Innomotics GmbH to KPS Capital Partners, after which Siemens India lost core intellectual property rights. The transaction is expected to close in June 2026, subject to regulatory approvals including Competition Commission of India clearance. Independent valuations by Grant Thornton and KPMG supported the price determination.

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About Siemens Limited (SIEMENS)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹1,27,772.48 Cr P/E: 45.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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