Siemens to spin off energy business into Siemens Energy India

Siemens, the Indian subsidiary of Germany-based tech giant Siemens AG, plans to demerge its energy business into a new entity called Siemens Energy India. This business segment, which provides power transmission solutions to sectors such as oil & gas, railways, and construction, will be separately listed on stock exchanges. Shareholding and listing details Under the proposed arrangement, Siemens' original shareholding structure will be maintained. Siemens' shareholders will recei