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

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.