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Siemens to sell low voltage motors, gears biz for Rs 2,200

Published: May 19, 2023

Read more about Siemens to sell low voltage motors, gears biz for Rs 2,200 on Devdiscourse

Source: devdiscourse.com

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Siemens sells geared motor biz to parent for ₹2,200 cr

Published: May 19, 2023

Mathur said the firm carried out an independent valuation of its businesses, which threw up a valuation figure of ₹2,070 crore to ₹2,165 crore.

Source: livemint.com

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Sunil MathurVande BharatTech Controls Pvt LtdInnomotics GmbhIntellectual Property RightsMumbai Headquartered Mass Tech Controls Pvt LtdSunil MathurSiemens IndiaGeared MotorsLow Voltage BusinessLarge Drives IndiaSpecial Dividend