BEML Limited has informed the Exchange that the Board of Directors at its meeting held on July 21, 2025, has considered and approved subdivision of 41644500 equity shares of 10 each into 83289000 equity shares of 5 each.
BEML · price
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BEML Limited's Board of Directors, at its meeting on July 21, 2025, approved a sub-division (stock split) of equity shares in the ratio of 1:2. Each existing equity share of face value Rs. 10 will be split into 2 equity shares of face value Rs. 5 each. Post-split, the issued and paid-up share capital of Rs. 41.64 crore will comprise 8,32,89,000 shares of Rs. 5 each (up from 4,16,44,500 shares of Rs. 10 each). The rationale cited is compliance with DIPAM capital restructuring guidelines, encouraging wider participation from small investors, and improving liquidity. The split is subject to shareholder approval, with completion expected in 2-3 months thereafter. The record date will be announced once shareholder approval is obtained.
The stock split will halve the face value per share and double the number of shares held by each shareholder, making the stock more affordable for retail investors and potentially improving liquidity and trading volumes. No change in overall market capitalisation or shareholder value.