The National Company Law Tribunal (NCLT) has approved a key step in Siemens 's corporate restructuring, dispensing with the requirement for shareholder and creditor meetings.

The Mumbai bench of the NCLT issued its order on September 7, 2026, regarding the Scheme of Amalgamation of Siemens Rail Automation Private Limited (SRAPL) with Siemens Limited (SL). SRAPL is a wholly owned subsidiary of SL. The order removes the procedural burden of convening separate meetings for equity shareholders and unsecured creditors of both entities.

Regulatory Context

The amalgamation is being pursued in compliance with Sections 230 to 232 of the Companies Act, 2013. The company 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.

What the Numbers Show

The dispensing of shareholder and creditor meetings signals a streamlined regulatory path for the internal restructuring. By eliminating the need for physical or virtual convening of these groups, the company can accelerate the finalization of the amalgamation, provided no other regulatory hurdles arise. This efficiency reduces administrative costs and time associated with corporate governance procedures for wholly owned subsidiaries.

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.