Siemens Energy India Limited will participate in the ICICI Securities India Investor Conference on June 9, 2026. The company's representatives are scheduled to attend the group meeting, which will be conducted in-person in Mumbai. This engagement provides a platform for the company to interact with investors and discuss its performance and strategy.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing confirms the details of the upcoming investor interaction, although the company noted that the schedule is subject to change.

The following table outlines the specifics of the conference:

Vishal Tembe, Company Secretary, signed the filing on behalf of Siemens Energy India Limited on June 4, 2026.

Citi has initiated coverage on siemens energy India with a Neutral rating, assigning a target price of ₹4,000. The initiation underscores the growing significance of power grid infrastructure in the global energy transition narrative, with the brokerage positioning India as a key beneficiary of long-term structural tailwinds in the transmission and distribution space.

Global T&D Opportunity and Energy Transition Thesis

At the core of Citi's coverage thesis is the identification of power grids as a critical bottleneck in the ongoing global energy transition. The brokerage projects a substantial US$15 trillion global transmission and distribution (T&D) capital expenditure opportunity through 2050, reflecting the scale of infrastructure investment required to support the shift toward cleaner energy systems worldwide. This macro backdrop forms the foundation for evaluating Siemens Energy India's long-term growth prospects.

India's Strategic Positioning

Citi highlights several factors that position India favorably within this global opportunity. The key drivers identified include:

• Transmission buildout: Ongoing expansion of India's power transmission infrastructure
• Accelerating HVDC adoption: Growing deployment of High Voltage Direct Current technology across the country
• Localization benefits: Competitive advantages arising from domestic manufacturing and supply chain development
• Export growth opportunities: Potential for Siemens Energy India to participate in international markets

The following table summarizes the key parameters of Citi's coverage initiation:

Coverage Context

The Neutral rating reflects Citi's balanced assessment of Siemens Energy India's positioning within a structurally compelling sector. While the brokerage acknowledges India's strong alignment with global T&D investment trends and the company's potential to capitalize on HVDC adoption and localization-driven competitiveness, the Neutral stance indicates that current valuations are seen as adequately pricing in these opportunities at this stage of coverage initiation.