FilingReader Intelligence
Schneider Electric clarifies $1bn Indian acquisition rumors
July 17, 2025 at 06:59 AM UTC•By FilingReader AI
Schneider Electric Infrastructure Limited clarified it is not involved in discussions to acquire Temasek's $1 billion stake in an Indian joint venture, following a news report suggesting the acquisition.
The company stated the matter pertains to Schneider Electric India Private Limited, another subsidiary within the Schneider Group.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:SCHNEIDER•Bombay Stock Exchange
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