SIEMENS : C&S ELECTRIC BECOMES WHOLLY OWNED SUBSIDIARY AFTER CAPITAL REDUCTION

• ROC issued certificate on October 26, 2026 confirming NCLT-approved reduction of 343,948 equity shares of C&S Electric • Reduction equals 0.78% of C&S paid-up capital held by specified shareholders excluding Siemens, at ₹1,016.10 per equity share • C&S paid-up capital reduced from 44,268,062 to 43,924,114 equity shares of face value ₹10 each • Siemens held 99.22% before the reduction and C&S became a wholly owned subsidiary upon ROC registration • Stated rationale is to provide an exit route to specified shareholders and aid ease of administrative operations

Siemens Ltd

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