Date: June 1, 2026

Disinvestment / Strategic Actions

  • Siemens Limited has completed the sale and transfer of its Low Voltage Motors and Geared Motors business, including related customer service operations, as a going concern on a 'slump sale' basis.
  • The buyer is Innomotics India Private Limited.
  • The enterprise value of the transaction is INR 22 billion (Indian Rupees Twenty Two Billion).
  • The transaction was executed on a cash-free, debt-free basis, subject to other mutually agreed adjustments between the parties.
  • The slump sale agreement was dated December 8, 2025, and the completion occurred on June 1, 2026.
  • This disclosure references previous company letters dated December 8, 2025, and February 13, 2026, regarding this transaction.

Corporate Calendar & Scheduled Events

  • The company's trading window under its Code of Conduct for Prohibition of Insider Trading is closed from May 30, 2026, to June 3, 2026 (both days inclusive), in connection with this transaction.