Siemens Bonus shares 1:1

Siemens Ltd has informed BSE that March 03, 2008 has been fixed as the Record Date for determining the entitlement of the Members of the Company for the purpose of issue and allotment of Bonus Shares in the ratio of 1:1 (i.e. one Bonus Share for every share held).

Siemens Ltd has informed BSE that the members at the 50th Annual General Meeting (AGM) of the Company held on January 31, 2008, inter alia, have accorded the following: 1. Adoption of the audited Profit & Loss Account for the year ended on September 30, 2007 and the Balance Sheet as at that date, together with the Directors' Report and the Auditors' Report thereon. 2. Declaration of Dividend of Rs 4.80 per Equity Share (240%) amounting to Rs 809,184,480 on the Paid-up Equity Share Capital of Rs 337,160,200 comprising of 33,716,020 Equity Shares of Rs 2 each, as per provision already made in the Accounts for the year, for the year ended on September 30, 2007. 3. Re-appointment of Mr. Narendra J Jhaveri, Mr. Keki B Dadiseth & Mr. Pradip V Nayak as Directors of the Company, liable to retire by rotation. 4. Re-appointment of BSR & Co., as the Auditors of the Company to hold Office from the conclusion of this 50th Annual General Meeting to the conclusion of the next i.e. 51st Annual General Meeting of the Company, on remuneration, terms & conditions. 5. Re-classification of the entire Preference Share Capital of Rs 150,00,00,000 comprising of 15,00,00,000 Preference Shares of Rs 10 each in the Authorized Share Capital as Equity Share Capital and the same be merged with the existing Equity Share Capital & consequential amendments in the Memorandum & Articles of the Association of the Company. 6. For the issue of Bonus Shares in the proportion of 1:1 (i.e. One new Equity Share for every existing Equity Share) and issue and allot new 16,85,80,100 Equity Shares of Rs 2 each fully paid-up amounting to Rs 33,71,60,200 (Rupees Thirty Three Crore Seventy One Lakh Sixty Thousand and Two Hundred only) by way of capitalization out of the sum standing to the credit of Securities Premium Account of the Company to those Members holding Equity Shares of the Company on the record date to be hereafter fixed by the Board of Directors for this purpose, subject to necessary provisions & approvals. 7. Appointment of Mr. Vijay V Paranjape as a Director of the Company, liable to retire by rotation. 8. Appointment of Mr. Vijay V Paranjape as a Whole-time Director of the Company with effect from February 01, 2007 on remuneration, terms & conditions. 9. Appointment of Mr. Vilas B Parulekar as a Director of the Company, liable to retire by rotation. 10. Appointment of Mr. Vilas B Parulekar as a Whole-time Director of the Company with effect from February 01, 2007 to September 30, 2009, on remuneration, terms & conditions. 11. Re-appointment of Mr. Juergen Schubert as the Managing Director of the Company with effect from October 01, 2007 to December 31, 2007 on remuneration, terms & conditions. 12. Appointment of Dr. Armin Bruck as a Director of the Company, liable to retire by rotation. 13. Appointment of Dr. Armin Bruck as a Whole-time Director of the Company with effect from October 01, 2007 to December 31, 2007, and as the Managing Director of the Company with effect from January 01, 2008 to September 30, 2012, on remuneration, terms & conditions. 14. Increase in the remuneration payable to Mr. Patrick de Royer, Executive Director, with effect from October 01, 2007 for his remaining tenure. 15. Re-appointment of Mr. K R Upili, as a Whole-time Director of the Company for a period of up to six months with effect from January 27, 2008 on remuneration, terms & conditions. 16. Appointment of Ms. Mukta Paranjape, daughter of Mr. Vijay V Paranjape, Whole-time Director, to hold and continue to hold an office or place of profit as 'Graduate Trainee Engineer' in the Company with effect from July 16, 2007, on remuneration, terms & conditions.