Date: 25th September 2026
NCLT Order Approval
The Hon'ble National Company Law Tribunal, New Delhi Bench (NCLT) has approved the reduction of share capital of C&S Electric Limited, a subsidiary of Siemens Limited.
Capital Reduction Details
- The NCLT order is dated 24th September 2026 and was uploaded on the NCLT website on 25th September 2026
- Reduction involves 343,948 equity shares with face value of INR 10/- each
- Represents 0.78% of total issued, subscribed and paid-up equity share capital of C&S Electric Limited
- Shares to be reduced from Specified Shareholders (excluding Siemens Limited)
Current and Post-Reduction Ownership
- Siemens Limited currently holds 99.22% equity share capital of C&S Electric Limited
- Once the capital reduction is implemented, C&S Electric Limited will become a wholly-owned subsidiary of Siemens Limited
Implementation Timeline
C&S Electric Limited will take necessary steps as per regulatory requirements to implement the capital reduction as per the NCLT order. Siemens Limited will make necessary intimation in due course regarding completion of the implementation.
Disclosure Nature
This is a voluntary intimation made by the company.