MEDIA STATEMENT ISSUED ON BEHALF OF SCHNEIDER ELECTRIC INDIA PRIVATE LIMITED

Gurgaon, September 30: This is to inform that “SEIPL on 29 September 2021, signed one of India’s first white labelling arrangements with BCH Electric Limited.  

This arrangement is one of many terms of the CCI approval for the acquisition of the Electrical and Automation business of Larsen and Toubro Limited by SEIPL as a going concern on a slump sale basis.