BEML Board Approves Equity Share Split and Capital Restructuring

BEML Limited's Board of Directors, in its 414th meeting on July 21, 2025, approved a sub-division of its existing equity shares. Each Rs.10/- face value share will be split into two equity shares of Rs.5/- face value, contingent on shareholder approval. The company aims for the record date to be decided after obtaining shareholder consent.

This strategic move aligns with DIPAM Guidelines on Capital Restructuring, seeks to encourage wider participation from small investors, and enhance the liquidity of BEML's equity shares in the stock market. The alteration of the Capital Clause in the Memorandum of Association will also occur, pending shareholder approval. The expected completion time for this process is approximately 2-3 months from the date of shareholder approval.