Siemens International Holding B.V. has completed its acquisition of 3.56 million shares from Siemens Energy Holding B.V. on December 17, 2025. The inter-promoter share transfer, valued at ₹11,408 crores, was executed under Regulation 10 of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Transaction Details

The completed acquisition represents a strategic consolidation within the Siemens group structure. The transaction specifics are outlined below:

Updated Shareholding Structure

Following the completion of this transaction, the ownership structure of Siemens Limited has been significantly restructured:

Regulatory Compliance

The transaction was conducted in full compliance with SEBI regulations. Siemens International Holding B.V. filed the requisite disclosure under Regulation 10(5) with stock exchanges on December 9, 2025, prior to the acquisition completion. The company was exempted from making an open offer under sub-clause (ii) of Regulation 10(1)(a) as this constituted an inter-promoter transfer.

The acquisition increases Siemens International Holding B.V.'s stake to 52.77%, consolidating its position as the majority shareholder. This transaction follows a previous acquisition of 14,503,026 equity shares from Siemens Energy Holdco B.V. on December 16, 2025, indicating ongoing restructuring within the promoter group.

The completion of this share transfer represents a significant consolidation of ownership within the Siemens promoter group, with the total promoter shareholding maintained at 75.00% of the company's equity share capital.

Siemens Limited has officially implemented significant changes to its senior management team, effective January 1, 2026, following regulatory compliance procedures. The company has filed the requisite intimation with the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Management Transitions

The leadership changes have now taken effect as planned, with the company formally notifying stock exchanges through Company Secretary Ketan Thaker. These strategic appointments aim to strengthen the company's operational capabilities in critical areas including human resources, safety, and sustainability.

Key Leadership Appointments

Ms. Sabine Schneider - Head-People & Organisation

Ms. Schneider brings nearly three decades of rich and diverse experience in People and Organisation to her new role. With over 25 years at Siemens, she has held various leadership positions across Europe and Asia, specializing in Learning, People Development, Talent Management, and Business Partnering.

Professional Background:

• Previously served as Senior Vice President Talent Management at Siemens Mobility GmbH since 2018
• Expertise in cross-cultural management and strategic HR leadership
• Academic background in Psychology and Mathematics from German universities
• Certified expert in Organizational Development

Ms. Sweta Praharaj - Head-Environmental Health and Safety

Ms. Praharaj transitions to her new role with over 18 years of diverse experience at Siemens, spanning project planning and execution, business controlling, and Environment, Health & Safety (EHS).

Career Highlights:

• Joined the EHS department in 2018
• Instrumental in shaping governance policies and procedures
• Led critical crisis management initiatives, including COVID-19 response strategy
• Holds degrees in Commerce and Law, with additional certification in Business Administration

Organizational Structure Enhancement

In addition to these appointments, Siemens Limited has categorized the position of Head-Strategy & Sustainability as Senior Management, effective January 1, 2026. Dr. Anantharaman Subramaniyan continues in this elevated role, bringing over three decades of experience in the electrical capital goods space.

Regulatory Compliance

The management changes were formally communicated to both stock exchanges where Siemens Limited is listed. Dr. Shilpa Kabra Maheshwari submitted her resignation letter in November 2025, requesting relief at the close of December 31, 2025, to pursue opportunities outside Siemens.

These management transitions reflect Siemens Limited's strategic focus on strengthening leadership capabilities in human resources, environmental safety, and sustainability. The company positions itself to address evolving challenges in the technology sector while maintaining regulatory compliance and operational excellence.