Page 3 - Schneider Electric

Schneider Electric pads up to enter electric charging business in India

Schneider took over Luminous Power, the market leader in power back-ups in 2011

Schneider Electric employees to get 12 weeks fully-paid parental care leave

The policy will support Schneider Electric employees worldwide by providing paid personal time

Small shareholders rap Schneider exit offer

Several minority shareholders are unhappy with the exit offer provided by French energy major Schneider Electric, parent of Schneider Electric President Systems (SEPSL), alleging the company has deliberately undervalued the local business. Last month, the company announced an offer of Rs 200.4 a share; the offer closes Friday. "We will not tender our shares in the offer. We will wait for the full value to be realised," said Pawan Kumar Saraf, a Delhi-based shareholder. "Price discovery should be done in a fair way." Saraf says the process mandated by the Securities and Exchange Board of India (Sebi) does not foresee all scenarios and ways in which small shareholder could be short-changed by the move intended to help him. "Sebi should have been more careful." Saraf and his family have around 43,000 shares in the company. Parasmal Pancholi, who owns about 20,000 shares, said he, too, would not tender the shares at the offered price. "This is not our only investment. We can afford to ...

CCI clears Schneider Electric-Luminous power deal

Schneider Electric had acquired 74% of LPT at a cost of Rs 1,400 cr

Schneider Electric to make India its export hub

The R&D centre in Bangalore is manned by over 1,200 people

Schneider Electric eyes 25-30% growth in solar business in India

Firm will install 300 Mw of solar inverters to take its total solar generation capacity to one Gw