BEML board approves 1:2 stock split & ₹185.65 cr defence order

BEML board approves 1:2 stock split & ₹185.65 cr defence order

BEML Limited’s board approved a 1:2 stock split, lowering the face value of shares from ₹10 to ₹5, doubling issued shares to 8.33 crore, pending shareholder approval. The move aims to meet DIPAM guidelines, improve liquidity, and attract small investors. The firm also won a ₹185.65 crore bulldozer order from the Defence Ministry.

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