Siemens Limited Low Voltage Motors Business Sale Gets CCI Approval
Siemens Limited's proposed sale of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited has received approval from the Competition Commission of India (CCI) as of 12th February 2026. The detailed CCI order is pending.
The sale of a business segment is a significant corporate action that can impact the company's structure and future focus, hence a medium impact.
The CCI approval for the business sale is a positive development, moving the transaction closer to completion.
Siemens Limited has received an intimation from the Competition Commission of India (CCI) on 12th February 2026, granting its approval for the proposed transaction concerning the sale of its Low Voltage Motors and Geared Motors business to Innomotics India Private Limited. This update follows a previous communication on 8th December 2025 regarding the same transaction.
The company has been informed by Innomotics India Private Limited about the CCI's approval. However, the detailed order from the CCI is still awaited. The transaction has not yet been consummated and is subject to the agreed-upon steps between the parties involved. Siemens Limited has requested that this information be taken on record.
What to do with a filing like this
Siemens Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Siemens Limited. Read the original for the full detail.