Siemens Limited has issued formal notices to its equity shareholders and unsecured creditors regarding the Scheme of Amalgamation of its wholly owned subsidiary, Siemens Rail Automation Private Limited (SRAPL), into the parent company.

The National Company Law Tribunal (NCLT) Mumbai bench approved the plan on September 7, 2026. The tribunal dispensed with the requirement for separate shareholder and creditor meetings for both entities involved in the Scheme of Amalgamation.

Regulatory Context

The amalgamation is being pursued in compliance with Sections 230 to 232 of the Companies Act, 2013. Siemens Limited disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

While the NCLT has waived the meeting requirement, the scheme remains subject to other applicable regulatory approvals. Siemens Limited stated it will take necessary steps to comply with the directions stated in the order. A certified copy of the order is awaited.

Shareholder and Creditor Notices

On September 12, 2026, the company issued specific notices as directed by the tribunal. Equity shareholders, as recorded on September 4, 2026, and unsecured creditors, as recorded on August 31, 2026, were informed that they may submit representations to the scheme if any exist.

These representations must be submitted to the Hon'ble Tribunal, with a simultaneous copy served upon the company at its registered office or via email. The company clarified that the scheme does not adversely impact the rights and interests of unsecured creditors, whose dues will continue to be honored in the ordinary course of business.

Siemens Limited has appointed Aditya Ramkrishna as Head of its Digital Industries business, effective October 1, 2026. The appointment marks a transition in leadership for the company’s digital segment in India.

Suprakash Chaudhuri will cease to serve as Interim Head of the Digital Industries business effective close of business hours on September 30, 2026. Chaudhuri will continue in his current role as Executive Vice President and Head of Digital Industries for Asia Pacific.

Leadership Transition Details

The company disclosed the changes in senior management pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Ketan Thaker, Company Secretary, on September 8, 2026.

Profile of Incoming Leader

Aditya Ramkrishna currently serves as Head of Customer Services for Digital Industries in Asia Pacific. His appointment brings extensive experience across multiple geographies and functions within Siemens.

Ramkrishna has held various roles since 2008 in sales, business development, marketing, product management, strategy, and country management. His previous assignments include:

• Head of Vertical Sales in Digital Industries in India
• General Manager of Digital Industries in Taiwan
• Global Head of Sales for the Motion Control Service Business of Siemens in Germany and the United Kingdom

He holds a Dipl.-Ing.(Univ) degree in Electrical, Electronics and Communications Engineering from Friedrich-Alexander University Erlangen-Nürnberg (FAU) in Germany.

Beyond his corporate roles, Ramkrishna is a Governing Council Member of the Tata India Institute of Skills (TIIS) and a member of the CII State Council of Maharashtra.