Siemens Limited has received an order from the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, approving a scheme of amalgamation. This scheme involves the merger of Siemens Rail Automation Private Limited (“SRAPL”), a wholly-owned subsidiary, with Siemens Limited (“SL”). The NCLT’s order dispenses with the need for shareholder and creditor meetings, streamlining the process. The company is now issuing notices to its equity shareholders and unsecured creditors as per the tribunal’s directions.
NCLT Approves Amalgamation Scheme
Siemens Limited has announced the receipt of an order dated 7th September 2026 from the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench. This order sanctions the proposed Scheme of Amalgamation, which will see Siemens Rail Automation Private Limited (“SRAPL”), a wholly-owned subsidiary, amalgamate with Siemens Limited (“SL”). This signifies a key step in the corporate restructuring process.
Streamlined Approval Process
The NCLT’s order, issued on 7th September 2026, notably dispenses with the requirement for Siemens Limited to convene and hold meetings of its equity shareholders and unsecured creditors. This directive significantly expedites the approval process for the proposed transaction, referred to as the “Proposed Transaction.” The company previously informed stakeholders about this development on 9th September 2026.
Notice to Stakeholders
In accordance with the directions stipulated by the Hon’ble NCLT via its order, Siemens Limited is now issuing a formal notice to its equity shareholders and unsecured creditors. This notice encloses details concerning the amalgamation scheme and allows stakeholders to submit any representations they may have. The company is facilitating this process to ensure transparency and compliance as directed by the tribunal.
Notices have been issued to both the Equity Shareholders and the Unsecured Creditors of Siemens Limited. These notices inform them of their right to submit representations to the Hon’ble Tribunal regarding the Scheme of Amalgamation. Copies of any such representations must also be served concurrently upon Siemens Limited. The Scheme document itself is accessible via a provided weblink for detailed review.
Source: BSE
