iconiifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Siemens AG to pick up Siemen Energy’s 18% stake for 2.1 billion euros

16 Nov 2023 , 10:27 AM

Siemens' share in publicly traded Siemens Ltd India would rise from 51% to 69%.

Siemens, a German multinational corporation, revealed on Wednesday that it intends to complete the demerger of its Indian subsidiary Siemens Ltd in 2025, a year sooner than previously anticipated. Siemens AG says it will buy an 18% interest in Siemens Ltd India from Siemens Energy for €2.1 billion to advance the demerger process.

Siemens' share in publicly traded Siemens Ltd India would rise from 51% to 69%, while Siemens Energy's holding would fall from 24% to 6%. Siemens and Siemens Energy want to expedite the unbundling of the business operations of Siemens' Indian subsidiary, the firm stated in a statement.

The purchase price includes a 15% reduction from the 5-trading-day volume-weighted average price prior to the day of signing. Siemens and Siemens Energy did not separate their companies in India as part of the 2020 spin-off since it was not viable at the time.

As a subsequent step, Siemens and Siemens Energy have decided to make a proposal to Siemens Ltd's Board of Directors a de-merger of the energy industry. Siemens Energy intends to eventually acquire a majority position in the demerged energy industry. The corporation stated that the demerger will be completed in 2025, which is far sooner than previously expected.

At around 10.22 AM, Siemens was trading 0.29% higher at Rs 3,505.65 per piece against the previous close of Rs 3,495.50 on NSE. 

For feedback and suggestions, write to us at editorial@iifl.com


Related Tags

  • Siemens AG
  • Siemens Energy
  • Siemens News
  • Siemens Stock
sidebar mobile


19 Feb 2024   |   09:29 AM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.