BEML Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
BEML · price
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BEML Limited's Board, at its 414th meeting held on 21st July 2025, approved a sub-division/split of equity shares in the ratio of 1:2 — one equity share of face value Rs. 10 each will be split into two equity shares of face value Rs. 5 each, subject to shareholder approval. The paid-up share capital will remain unchanged at Rs. 41.64 crore, but the number of equity shares will double from about 4.16 crore to 8.33 crore. The Board also approved a corresponding amendment to the Capital Clause of the Memorandum of Association. The company cited three reasons: complying with DIPAM capital restructuring guidelines, encouraging wider participation from small investors, and improving liquidity of the stock. The record date and timeline (expected within 2-3 months) will be communicated after shareholder approval.
If approved, shareholders will hold twice the number of shares they currently own, with each share valued at roughly half the previous face value. The stock split itself does not change the company's market value or a shareholder's proportional ownership, but it may improve liquidity and make the stock more affordable for retail investors, which could be mildly positive for trading activity.