Siemens Energy India legal & regulatory announcements

Legal & RegulatorySiemens Energy India Ltd ENRIN

Siemens Energy India Legal & Regulatory

Siemens Energy India reported an adverse Russian court order directing it to pay approx. ₹49.59 Crore. The company intends to legally challenge any enforcement efforts.

Value

₹49.59 Cr

Legal & RegulatorySiemens Energy India Ltd ENRIN

Siemens Energy India Legal & Regulatory

Supreme Court of Russia rejected Siemens Energy India's appeal, upholding an arbitral award of ₹44.38 Crore. The company will resist enforcement of the order in Indian courts.

Value

₹44.38 Cr

Legal & RegulatorySiemens Energy India Ltd ENRIN

Siemens Energy India Legal & Regulatory

Siemens Energy India announced the Bombay High Court dismissed a petition challenging a prior arbitral award. The ruling confirms no additional financial liability for the company.