Siemens Limited’s Board of Directors has approved the re-classification request for two entities, Siemens Energy Holdco B.V. and Siemens Energy Holding B.V., from the ‘promoter’ category to the ‘public’ category. This decision aligns with the SEBI Listing Regulations and will be submitted to stock exchanges for their approval. The company confirmed that both SE entities and related persons satisfy the regulatory requirements for this change, ensuring continued compliance post-re-classification.
Board Approves Promoter Re-classification
At a meeting held on 18th September 2026, the Board of Directors of Siemens Limited has approved the request for re-classification of two entities, Siemens Energy Holdco B.V. and Siemens Energy Holding B.V., from the ‘promoter’ category to the ‘public’ category. This significant decision follows a review of the request submitted by these ‘SE Entities’.
Regulatory Compliance and Future Steps
The Board noted that the SE Entities, along with their related persons, meet the requirements stipulated under Regulation 31A(1)(b) and Regulation 31A(3)(b) of the Listing Regulations. They have also confirmed their commitment to adhere to the conditions outlined in Regulation 31A(4) post re-classification. Furthermore, the Company itself satisfies the conditions specified in Regulation 31A(3)(c) of the Listing Regulations. Consequently, Siemens Limited will seek the approval and no-objection from the relevant stock exchanges for this re-classification in due course.
Source: BSE
