Schneider Electric clarifies a news item concerning expansion plans in Hyderabad. The company states that the mentioned Schneider Electric plans Rs 623 cr expansion of Hyderabad facilities pertains to Schneider Electric India Private Limited (SEIPL), and not Schneider Electric Infrastructure Limited (SEIL). Both SEIPL and SEIL are subsidiaries of Schneider Electric SE, France. The company confirms no information requiring disclosure.
Clarification on Expansion News
Schneider Electric addresses a news item regarding expansion plans, specifically the article titled “Schneider Electric plans Rs 623 cr expansion of Hyderabad facilities.” The company clarified in an announcement dated January 23, 2026, that the plans relate to a different entity within the Schneider Electric Group.
SEIPL vs. SEIL
The news item pertains to Schneider Electric India Private Limited (SEIPL), and not Schneider Electric Infrastructure Limited (SEIL). Both SEIPL and SEIL are subsidiaries of the ultimate holding company, Schneider Electric SE, France.
No Material Impact on SEIL
Schneider Electric further confirms that, as of January 23, 2026, there is no information, event, or development concerning the company (SEIL) that requires disclosure.
Source: BSE