Bigul

Siemens energy shares recover after initial slump on Frankfurt debut

Siemens intends to keep a blocking minority stake of the business of around 25% for the next five years after its initial sale of shares over the next 18 months
28-09-2020
Bigul

Siemens leases 730,000 sq ft space in Bengaluru at Rs 70 cr a year

The facility is part of a 1.6 mn sq ft complex at Hosur Main Road. Deal tenure is nine years with a two-month rent-free period and 8% escalation after 14 months
25-09-2020
Bigul

SIEMENS LTD. - 500550 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a call with J. P. Morgan India Private Limited is scheduled to be held on Tuesday, 1st September, 2020. Please note that the above is subject to changes, if any.
01-09-2020
Bigul

Siemens sells mechanical drives business to Siemens AG subsidiary

With effect from January next year, subject to receipt of requisite statutory approvals.
27-08-2020
Bigul

SIEMENS LTD. - 500550 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

We refer to our letter dated 24th January, 2020, regarding signing of definitive agreements for the proposed acquisition of C&S; Electric Limited ('C&S;') by the Company. In this connection, we would like to inform you that the Company has received intimation from the Competition Commission of India ('CCI') that it has granted its approval with respect to the proposed acquisition of C&S; by the Company. However, the detailed order from the CCI is awaited. The proposed acquisition is still subject to receipt of other approvals and fulfilment of condition precedents as agreed between the parties.
21-08-2020
Bigul

Siemens' acquisition of C&S; Electric India operations gets CCI approval

Siemens has an agreement to acquire 99 per cent equity in New Delhi-based C&S Electric for around Rs 2,100 crore
20-08-2020

Buy Siemens, India; target of Rs 1352: Anand Rathi

Anand Rathi is bullish on Siemens, India has recommended buy rating on the stock with a target price of Rs 1352 in its research report dated August 12, 2020.
14-08-2020

Siemens takes a tumble with private sector capex virtually at a standstill

The revenue drop reflects the tough market situation in the capital goods sector
12-08-2020
Bigul

SIEMENS LTD. - 500550 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

With reference to our yesterday's call with Analysts / Institutional Investors, please find enclosed a transcript of the said call. The said transcript is also being uploaded on the website of the Company at: www.siemens.co.in/investorcommunity in accordance with Regulation 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
12-08-2020
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