Schneider Electric Infrastructure Limited (SEIL) has issued a clarification regarding a news item on moneycontrol.com concerning a tie-up with Foxconn for AI data centres. SEIL states that this specific tie-up was not entered into by SEIL itself, but by another entity within the broader Schneider Electric Group. The company confirmed that, as of June 15, 2026, there is no undisclosed information or event requiring regulatory disclosure.
Clarification Issued by Schneider Electric Infrastructure Limited
Schneider Electric Infrastructure Limited (SEIL) has officially addressed a news report published on moneycontrol.com, titled “Schneider Electric Infra hits 10% upper circuit as parent ties up with Foxconn for AI data centres”. The announcement, dated June 16, 2026, serves to clarify the company’s involvement in the reported arrangement.
Details of the Tie-Up Clarification
SEIL has clarified that the aforesaid tie-up with Foxconn for AI data centres has not been entered into by Schneider Electric Infrastructure Limited. The company further specified that the arrangement was executed by another entity of the Schneider Electric Group. This distinction is crucial for understanding the direct impact on SEIL’s operations and financial standing.
Confirmation of No Further Disclosures
In addition to clarifying the nature of the tie-up, SEIL also confirmed that, as of the date of the announcement, there is no other information, event, or development concerning the Company which requires disclosure under the relevant regulations. This statement assures stakeholders of the completeness of the information provided and the absence of any material non-public information at this time. The company requested that this clarification be taken on record by the relevant authorities.
Source: BSE
