Siemens Limited Appoints Mehernosh B. Kapadia as Independent Director, Effective May 2, 2019; Declares Dividend for the Financial Year Ended September 30, 2018
February 06, 2019 at 09:04 pm IST
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Siemens Limited announced at the AGM held on February 06, 2018, the shareholders appointed Mr. Mehernosh B. Kapadia as Independent Director of the Company for a term of 5 (five) consecutive years commencing from 2 May, 2018 to 1 May, 2023.
The company declared dividend of INR 7 per equity share having face value of INR 2 each, for the financial year ended 30th September, 2018.
Siemens Limited is one of the Indian's leading manufacturers of electronic and electro-technical equipment. Net sales (not including sold divisions) break down by sector of activity as follows:
- energy (36.1%): integrated products and services for oil and gas production, electricity generation and transmission, etc.;
- electricity transmission and distribution (30.7%): power transmission and distribution systems, electrical installations, miniature circuit breakers, distribution boards, residual current circuit breakers, etc.;
- industry automation (23,8%): industrial automation systems, drive systems, etc. The group also provides engineering, procurement, installation and commissioning of turnkey projects products in the industrial and infrastructure sectors;
- mobility (8.7%): rail vehicles, rail automation systems, rail electrification systems, road traffic management solutions, etc.;
- other (0.7%).
India accounts for 82.2% of net sales.
Siemens Limited Appoints Mehernosh B. Kapadia as Independent Director, Effective May 2, 2019; Declares Dividend for the Financial Year Ended September 30, 2018