BEML Approves 1:2 Stock Split to Boost Share Liquidity

BEML Limited, a a Schedule ‘A’ Public Sector Undertaking under the Ministry of Defence, Government of India today announced that its Board of Directors has approved a stock split in the ratio of 1:2 at its 414th Board Meeting held in Bengaluru.

BEML Approves 1:2 Stock Split to Boost Share Liquidity

Bengaluru | July 21, 2025 – BEML Limited, a Schedule ‘A’ Public Sector Undertaking under the Ministry of Defence, Government of India today announced that its Board of Directors has approved a stock split in the ratio of 1:2 at its 414th Board Meeting held in Bengaluru. This marks the company’s first-ever stock split since its inception.

As per the approved plan, each equity share of face value Rs 10 will be subdivided into two equity shares of face value Rs 5 each. The objective behind this move is to improve the liquidity of BEML shares in the market, make them more accessible to a wider base of investors, especially retail participants, and align with the capital market reforms.

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Following the stock split, the authorised share capital of the company will remain unchanged at Rs 100 crore, which will now be divided into 20 crore equity shares of Rs 5 each. The paid-up capital of Rs 41.64 crore will consist of 8.32 crore equity shares of Rs 5 each, replacing the current structure of 4.16 crore shares of Rs 10 each.

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The proposed stock split is subject to the approval of shareholders, which will be sought at the forthcoming General Meeting. Upon receipt of the necessary approvals, BEML will announce a record date to determine the eligibility of shareholders entitled to the benefits of the split. The implementation is expected to be completed within the next two to three months.

This development is part of BEML’s strategic capital management approach as the company continues to pursue growth and unlock long-term value for its stakeholders. The move also reflects BEML’s confidence in its robust business performance and its ongoing expansion across core sectors such as Defence & Aerospace, Rail & Metro, and Mining & Construction.

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