Siemens Limited (SIEMENS) — Insider Trading Announcement
📢 Key Event
Siemens completes INR 22 billion sale of Low Voltage Motors business to Innomotics India Private Limited
🔄 What Changed
Completed sale of Low Voltage Motors and Geared Motors business as a going concern on a slump sale basis
💡 Investor Takeaway
The sale finalizes a strategic divestment, potentially improving focus on core operations but reducing revenue from industrial motor segments.
Siemens Limited announced the completion of its slump sale of the Low Voltage and Geared Motors business to Innomotics India Private Limited for INR 22 billion on a cash-free, debt-free basis, finalized on June 1, 2026, following board approval and regulatory filings. The transaction closes a previously disclosed deal from December 2025 and includes transfer of customer service operations. Trading restrictions under the insider code apply until June 3, 2026.
📄 View Original Announcement (PDF)
About Siemens Limited (SIEMENS)
Capital Goods · Electrical Equipment · Listed on NSE
Market Cap: ₹1,27,772.48 Cr
P/E: 45.2
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.