FilingReader Intelligence

BEML denies Kolar Gold Fields business expansion rumors

July 11, 2025 at 04:49 AM UTCBy FilingReader AI

BEML Limited has denied media reports suggesting business expansion at its Kolar Gold Fields unit, calling the news inaccurate rumors.

The company clarified that recent foundation stone laying was for infrastructure development and facility expansion within existing premises, not business expansion requiring separate disclosure.

BEML emphasized this falls under normal business operations rather than material expansion activity.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:BEMLBombay Stock Exchange

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