BEML Limited has informed the Exchange regarding Appointment of Shobha Sivasankaran as Chief General Manager (Finance) of the company w.e.f. May 14, 2026.
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BEML Limited has announced the appointment of Smt. Shobha Sivasankaran as Chief General Manager (Finance) with effect from May 14, 2026. She is a qualified Cost & Management Accountant (CMA) with over 29 years of experience at Steel Authority of India Limited (SAIL). Prior to joining BEML, she headed finance functions at Visvesvaraya Iron and Steel Plant (VISL) and Chandrapur Ferro Alloy Plant (CFP). The appointment was disclosed under SEBI Listing Regulations, 2015 (Regulation 30 read with Para A(7) of Part A to Schedule III). This is a senior management-level appointment below the Key Managerial Personnel (KMP) level as defined under the Companies Act, 2013.
The appointment brings in an experienced finance professional from a major steel PSU. As a senior management role (not a KMP), the announcement is informational and unlikely to have any immediate material impact on the stock price.