Schneider May Buy Rs 83B Stake From Temasek in India Arm

18 Jul 2025 CW Team

Schneider Electric SE is reportedly in talks to acquire the remaining 35 per cent stake in its Indian joint venture from minority partner Temasek Holdings Pte for around USD 1 billion (approximately Rs 83 billion), according to sources cited by Bloomberg.

The transaction would value Schneider Electric India Pvt Ltd at about USD 5 billion (around Rs 415 billion), including debt. While discussions are ongoing, there is no guarantee that a final agreement will be reached.

Temasek has been evaluating several exit options, including a direct stake sale to Schneider or a third party, or through an initial public offering, as previously reported by Bloomberg.

The French parent company currently holds a 65 per cent stake in the Indian entity. This ownership structure was formed in 2020 following the merger of Schneider’s Indian low-voltage and industrial automation business with Larsen & Toubro Ltd’s electrical and automation division.

Founded in 1836, Schneider Electric has evolved from a manufacturer of electrical equipment into a global leader in energy management and industrial automation, offering a broad range of software and digital solutions for buildings, data centres, and industrial operations.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..