Corporate News Details

Siemens Limited to merge with Rail Automation subsidiary following tribunal order

(12-Sep-26   15:51)

Siemens Limited announced it is proceeding with a scheme of amalgamation of Siemens Rail Automation Private Limited, a wholly-owned subsidiary, with Siemens Limited, following an order dated September 7, 2026, from the National Company Law Tribunal, Mumbai Bench. The tribunal dispensed with the requirement to hold meetings of equity shareholders and unsecured creditors, directing Siemens Limited to notify them and allow for representations regarding the scheme, which can be accessed on the company’s website.