Mumbai, April 7 -- The record date and ex-date for the demerger both fall on Monday, 7 April 2025. Eligible shareholders will receive one share of Siemens Energy India for every share held in Siemens India, in a 1:1 ratio. The last day to qualify for the allotment was Friday, 4 April 2025, in line with the T+1 settlement cycle, requiring shares to be in demat accounts by day-end.
The spin-off received approval from the National Company Law Tribunal (NCLT) on March 26, clearing the way for Siemens Energy India to become a separately listed entity. The media reported that the listing is expected within 60 to 90 days from the record date, aligning with Siemens AG's global roadmap for a June 2025 listing.
Until the listing takes place, pass...
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