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ManufacturingMedium impactPre-market

Siemens receives NCLT approval for C&S Electric acquisition

pre-market1 source ↓written by the desknot a recommendation

dated
24 Sep 2026
0.78 of total
343,948 equity shares
it already owns
99.22%

Siemens Limited has received NCLT approval to reduce the share capital of C&S Electric, facilitating its transition to a wholly owned subsidiary. The order, dated 24 Sep 2026, allows for the reduction of 343,948 equity shares (0.78% of total capital) held by minority shareholders.

This move strengthens Siemens' control over C&S Electric, which it already owns 99.22% of. The capital reduction is a strategic step towards consolidating operations and enhancing efficiency.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 26 Sept 2026, 07:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SIEMENS closed −2.4% on the day of the news, from ₹3,877.00 to ₹3,785.50; Nifty −1.6% over the same session; futures OI +1.0%.

Bulletin at 07:08 IST on 26 Sept 2026. Every change is measured from ₹3,877.00, the last close before it, on 25 Sept. Nifty 50 is measured over the same sessions.

  • SIEMENS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SIEMENS closes around the bulletin against the close before the news, with Nifty 50 rebased to it347538774279axis spans 23%before the news · 25 Sept3877Nifty 50SIEMENSbulletinD0+1+321 Sept25 Sept1 OctFutures open interest, lotspeak 24,000Reference close ₹3,877.00. 9 sessions from 21 Sept to 1 Oct; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Sept₹3,877.00basebase
On the day28 Sept₹3,785.50▼ −2.4%▼ −1.6%−0.8 pp difference
+1 session29 Sept₹3,710.00▼ −4.3%▼ −1.8%−2.5 pp difference
+3 sessions1 Oct₹3,804.00▼ −1.9%▼ −3.1%+1.2 pp difference
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −0.4%−16.67 on 28 Sept
Day's range, % · ₹
2.3%≈ 91 high to low
Volume on the day
0.67×the 20-session average
Futures OI on the day
▲ +1.0%+210 lots · short build-up · price −2.4%
Futures OI open, lots
21,00028 Sept · 29 Sept expiry
Futures premium, ₹
−9.80−0.3% to spot
Puts per call, by OI
0.57from 0.66 the session before
Max pain
4,000from 3,950 the session before

Source NSE UDiFF bhavcopy · SIEMENS on the desk →

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