Siemens Gamesa on Wednesday announced selling its power electronics business to ABB which includes assets in India for an undisclosed amount. The business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries, Siemens Energy said in a statement. The generators business of Gamesa Electric is not included in the agreement and remains with Siemens Gamesa, it said. "Siemens Gamesa has reached an agreement to sell its power electronics business to ABB. The agreement includes the transfer of around 400 employees, two manufacturing plants located in Spain, as well as additional assets in the US, China, India and Australia," the company said. As part of the transaction, both companies have entered a long-term collaboration agreement through which ABB will provide power electronics to Siemens Gamesa turbines, both onshore and offshore. The transaction is expected to be closed in the second half of 2025 and is subject to regulatory approv

Siemens Ltd.'s price crossed above 50Day SMA today

Siemens Ltd.

17 Dec 2024

3149.70

-1.27%

Company Update

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

BSE India

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has scheduled an Analysts / Institutional Investors call on 20th December, 2024. Please note that the above is subject to changes, if any. Kindly take the above information on record.

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Siemens Ltd.

17 Dec 2024

3149.70

-1.27%

Corp. Note

SIEMENS LTD. - 500550 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate …

BSE India

Please refer to the attached intimation regarding loss of share certificate

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Siemens Ltd.

16 Dec 2024

3149.70

-1.27%

Company Update

SIEMENS LTD. - 500550 - TDS Communication On Dividend For FY 2023-24

BSE India

Please find the communication sent to the Members of the Company regarding deduction of tax on dividend (if declared) for the Financial Year ended September 30, 2024. This is for your information and record.

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Siemens Ltd.

12 Dec 2024

3149.70

-1.27%

Harish Shekar to take over as CFO of Siemens Energy Business from Jan 1

Business Standard

Siemens Ltd on Thursday announced the appointment of Harish Shekar as Chief Financial Officer of the company's energy business with effect from January 1, 2025. Shekar has been the head of accounting and controlling of Siemens Ltd, India since 2018, a BSE filing said. Prior to 2018, he held the position of head of shareholder controlling at Siemens AG, Germany, and was also responsible for Asia and Middle East as Country CFO of Egypt, with additional responsibility as energy sector controller. According to the filing, Shekar has been with Siemens for over 27 years, holding several senior management positions in India and abroad. His expertise spans corporate finance, mergers and acquisitions, accounting and audit. Before joining Siemens in 1997, he was with a leading financial services company. Shekar is a chartered accountant and a cost accountant. Meanwhile, the company also announced that Vineet Rastogi has been appointed as the head of accounting and controlling of the compan