Siemens Limited has filed a disclosure pursuant to Regulation 30 and other applicable Regulations of the SEBI Listing Regulations regarding changes in senior management personnel of the Company.
The disclosure announces four specific management changes in the Company's Digital Industries Business:
1. Cessation of Digital Industries Head: Mr. Swapnil Deosthali will cease to be the Head of the Company's Digital Industries Business effective 16th August 2026. The reason provided is that he is taking up a new role within Siemens.
2. Interim Digital Industries Head Appointment: Mr. Suprakash Chaudhuri will take responsibility as Interim Head of the Company's Digital Industries Business effective 17th August 2026. Mr. Chaudhuri's profile indicates he is currently Head of Digital Industries, Asia-Pacific, and a member of the Global Sales Leadership of Digital Industries with over 30 years of cross-industry experience. He previously led Siemens Digital Industries Software in India and has worked with Ernst & Young, SAP, and Oracle. He co-chairs the FICCI Technology Committee and holds an engineering degree and post-graduate degree in Business Management from IMT, Ghaziabad.
3. Cessation of Finance Head: Ms. Sapna Rawat will cease to be the Finance Head of the Company's Digital Industries Business effective 16th August 2026 due to her resignation from the Company. Her resignation letter dated August 10, 2026, was enclosed with the filing.
4. Interim Finance Head Appointment: Mr. Ashish Handa will take responsibility as Interim Finance Head of the Company's Digital Industries Business effective 17th August 2026. Mr. Handa is currently Head of Finance for the Asia Pacific Zone of Siemens Digital Industries' Automation business, responsible for India, ASEAN, South Korea, Japan and Australia. He has over 25 years of experience across India and Europe in business finance, strategy, assurance, investments and transformation. He previously held global leadership responsibilities in Siemens' Controlling and Finance Assurance function and has worked with Jubilant Lifesciences and KPMG India. He completed the Post-Graduate Program in Management at the Indian School of Business, is a Chartered Accountant (rank holder at both Intermediate and Foundation examinations), and holds a Bachelor of Commerce (Honors) from University of Delhi – Shri Ram College of Commerce.
The resignation letter from Ms. Sapna Rawat addressed to "Wolfgang" and "Sabine" expresses mixed emotions about her decision to resign, gratitude for opportunities and experiences, and commitment to ensuring a smooth transition during her notice period.
The disclosure was signed by Ketan Nandkishor Thaker, Company Secretary of Siemens Limited, on 11th August 2026 at 20:26:18 +05'30'.
Financial Impact
Financial impact not quantified in the disclosure.