7/4/2025, 11:40:05 am

Siemens shares jump 20% on ex-date for energy business spin-off

Siemens Ltd shares surged up to 20% to Rs 2,940 on NSE after the company went ex-demerger following the spin-off of its energy business in India. Eligible shareholders will receive one share of Siemens Energy India for every share held. The demerger, approved on March 26, creates two independent entities, with Siemens Energy India expected to list separately in 60-90 days.