Scheme of Arrangement between Siemens Limited and Siemens Energy India Limited and their respective…
As filed · Siemens Limited has informed the Exchange regarding Scheme of Arrangement between Siemens Limited and Siemens Energy India Limited and their respective shareholders and creditors Allotment of equity s
M&AWatchMajormateriality 79 out of 100
What happened
FactSiemens Limited has informed the Exchange regarding Scheme of Arrangement between Siemens Limited and Siemens Energy India Limited and their respective shareholders and creditors Allotment of equity shares by Siemens Energy India Limited. INR 2 (Rupees Two) each to the shareholders of SL as on the Record Date i.e.,. up equity share of SEIL having a face value of INR 2 (Rupees Two) each for every 1 (One) fully.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
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Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%