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  3. Schneider Electric set to re-list Indian arm on National Exchange after…

Schneider Electric set to re-list Indian arm on National Exchange after six years

12 Dec 2023

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Key Takeaways

  • Regulatory Resolution:

    • Schneider's imminent relisting signifies a resolution to the 2019 case, aligning with regulatory directives.

  • Commitment to Innovation:

    • The move reflects Schneider's commitment to building automation and advancing battery technology.

  • Strategic Exploration in Evolving Landscape:

    • As India's energy landscape evolves, Schneider actively explores advancements in battery technologies and chemistries for its operations.

  • Regulatory Resolution:

    • Schneider's imminent relisting signifies a resolution to the 2019 case, aligning with regulatory directives.

  • Commitment to Innovation:

    • The move reflects Schneider's commitment to building automation and advancing battery technology.

  • Strategic Exploration in Evolving Landscape:

    • As India's energy landscape evolves, Schneider actively explores advancements in battery technologies and chemistries for its operations.

Schneider Electric President Systems

Schneider Electric President Systems

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Expert Analysis

Schneider Electric Readies for Relisting in India, Emphasizes Commitment to Automation and Battery Innovation

Expert Analysis:

  • Schneider Electric prepares to relist its Indian subsidiary on MSEI after nearly six years of delisting.

  • Sebi's directive and SAT's acceptance of Schneider's withdrawal application prompted the relisting move.

  • The case originated in 2019, driven by shareholder and RSE dissatisfaction, leading to Sebi's listing mandate.

  • Schneider's focus on building automation, security, and battery technology aligns with India's evolving energy landscape.

Publisher:Money Control