Siemens Limited has received a formal request for the reclassification of two entities from the "promoter" category to the "public" category under SEBI Listing Regulations.
Key Entities Involved
- Requesting Entities: Siemens Energy Holding B.V. (SEH) and Siemens Energy Holdco B.V. (SE Holdco), both incorporated in the Netherlands
- Stock Exchanges: National Stock Exchange of India Limited and BSE Limited
Shareholding Details
As of the request date (7th September 2026):
- Siemens Energy Holdco B.V.: Nil equity shares (0% shareholding)
- Siemens Energy Holding B.V.: Nil equity shares (0% shareholding)
Regulatory Basis
The request is made under Regulation 31A of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Conditions Confirmed by Requesting Entities
The entities confirm compliance with Regulation 31A(3)(b) requirements:
- Do not hold any equity shares of Siemens Limited
- Do not exercise control over the company's affairs
- Do not have any special rights through formal or informal arrangements
- Are not represented on the board of directors
- Do not act as key managerial personnel
- Are not categorized as 'wilful defaulters' per RBI guidelines
- Are not categorized as fugitive economic offenders
Post-Reclassification Commitments
The entities commit to:
- Continue complying with conditions under sub-clauses (i), (ii) and (iii) of clause (b) of sub-regulation (3) of Regulation 31A at all times after reclassification
- Continue complying with conditions under sub-clauses (iv) and (v) for at least three years after reclassification
- Fully cooperate with the company, board of directors, stock exchanges, SEBI, and other regulatory authorities
- Provide all required information, documents, confirmations, undertakings, and declarations
Next Steps
The request letter will be placed before the Board of Directors of Siemens Limited at its ensuing meeting. Necessary steps in accordance with Regulation 31A of the Listing Regulations will be taken thereafter.
Document Delivery
The request was submitted via hand/registered post/email to the Board of Directors at Birla Aurora, Level 21, Plot No. 1080 Dr. Annie Besant Road, Worli, Mumbai 400 030, Maharashtra, India.