Siemens share price zooms 7% after NCLT nod for energy business demerger; Should you buy or sell?
Siemens Ltd. share price rose by nearly 7 per cent on Wednesday, March 26, following the National Company Law Tribunal’s (NCLT) approval of the company’s demerger with Siemens Energy India Ltd.
The equity allotment ratio for this demerger is set at 1:1, meaning Siemens shareholders will receive one equity share of Siemens Energy India for each Siemens share they hold as of the record date.
The record date for determining allotment eligibility is set for April 7, 2025. The appointed date for the demerger is March 1, 2025, and it will take effect from March 25.
Siemens Energy India will be listed separately on stock exchanges, with the company stating that this move will unlock value.
Guilherme Vieira De Mendonça, formerly the head of…
