Status of Investor Complaints for the quarter

Complaints Pending at the beginning of the quarter Nil

Complaints Received during the quarter 10

Complaints disposed off during the quarter 10

Complaints unresolved at the end of the quarter Nil

1. The Board of Directors approved the amalgamation of Siemens VAI Metals Technologies Pvt. Ltd., Kolkata (SVAI - a 100% Siemens AG company) and Morgan Construction Company India Pvt. Ltd., Mumbai (Morgan - a 100% subsidiary of SVAI) with the Company on October 29, 2011. In terms of the Scheme proposed to be filed with the court, the appointed date is October 01, 2011 and the share swap ratio will be 1318 equity shares of the face value of Rs. 2 each fully paid-up of the Company for every 100 equity shares of the face value of Rs.100 fully paid-up of SVAI (Morgan is a 100% subsidiary of SVAI).

The proposed amalgamation is subject to the approvals of the shareholders and creditors of the companies, and other statutory and regulatory authorities in the respective jurisdictions.

2. a During the year, Siemens Building Technologies Pvt.Ltd.and Vista Security Technics Pvt.Ltd. have been included in the business division of Building Technologies under the Industry Sector, Siemens Healthcare Diagnostics Ltd. has been included under the Healthcare Sector and Siemens Rolling Stock Pvt,Ltd. has been included in the business division Mobility´ in the Industry Sector since these companies have been amalgamated with the Company.

Accordingly the corresponding figures for the previous year are not strictly comparable.

b. Other Income represents profit on the sale of its subsidiaries namely iMetrex Technologies Ltd.,Ireland , Europlex Technologies (Ireland) Ltd., Ireiand and Europlex Technologies(UK) Ltd.,UK to a subsidiary of Siemens AG. Consequently, there are no subsidiaries of the Company as at the year end and the balances in the Consolidated Balance Sheet are the same as those of the Standalone Parent as at the year end.

3. Pursuant to the acceptance of the open offer made by Siemens AG to the public share holders of the Company the holding of Siemens AG in the Company has increased by 6,70,25,669 shares (19.70% of the total paid up share capital of the Company) with a corresponding decrease in the public shareholding of the Company.

4. The Board of Directors have recommended a dividend of Rs.6 per share for the year ended 30 September 2011, amounting to Rs. 20417.69 lakhs.

5. Figures for the previous period have been regrouped wherever necessary to make them comparable.

6. The above financial results were reviewed and approved by the Audit Committee and the Board of Directors approved the same at their meeting held on November 22, 2011.

Dr. Amin Bruck
Managing Director