COMPANY NEWS


Siemens Ltd
BSE Code 500550 ISIN Demat INE003A01024 Book Value (₹) 390.55 NSE Symbol SIEMENS Div & Yield % 0.14 Market Cap ( Cr.) 250,876.04 P/E * 108.25 EPS * 65.08 Face Value (₹) 2
* Profit to Earning Ratio
* Earning Per Share
Board of Siemens considers proposed demerger of energy biz into separate entity Back
(18 Dec 2023)
The Board of Siemens at its meeting held on 18 December 2023 has considered and authorized the Company's management to commence exploratory steps as may be required to examine a potential demerger of the Company's energy business, which shall be subject to further consideration and deliberation.

The Board has approved the immediate incorporation of a wholly owned subsidiary in Mumbai, India (Proposed Subsidiary), on the basis that the proposed subsidiary may be required if and when the Board decides to implement the aforesaid demerger.