Siemens Limited has announced that the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has dispensed with the requirement of convening and holding meetings of equity shareholders and unsecured creditors for the proposed amalgamation of Siemens Rail Automation Private Limited (SRAPL) with Siemens Limited. This order, dated September 7, 2026, is a significant step in the scheme, which remains subject to other applicable regulatory and approvals.
Key Regulatory Approval Secured for Amalgamation
Siemens Limited has received a crucial order from the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, regarding the proposed amalgamation of its wholly owned subsidiary, Siemens Rail Automation Private Limited (SRAPL), with Siemens Limited. The NCLT order, dated September 7, 2026, has, among other provisions, dispensed with the mandatory requirement of convening and holding meetings of the equity shareholders and the unsecured creditors of both Siemens Limited and SRAPL.
Amalgamation Progress and Next Steps
This development marks a significant step forward in the Scheme of Amalgamation, which is being undertaken in compliance with the applicable provisions of the Companies Act, 2013. Siemens Limited will now proceed with the necessary steps to comply with the directions outlined in the NCLT’s order. The overall Scheme of Amalgamation remains contingent upon obtaining applicable regulatory and other necessary approvals.
Order Access and Documentation
The NCLT’s order is accessible on the company’s website via the following link: https://assets.new.siemens.com/siemens/assets/api/uuid:80c1430a-312f-4b9b-9064-edfe15049d61/CSA-Order.pdf. A certified copy of the order is awaited by the company, and the document was made available to Siemens Limited on September 8, 2026.
Source: BSE
