BEML shares will begin trading ex-split from Monday, November 3, based on the record date announced by the company.
“We would like to inform you that in accordance with Regulation 42 of the SEBI (LODR) Regulations, 2015, the Board of Directors of the Company has passed the Resolution at the Board Meeting held on Monday, September 29, 2025, and fixed the ‘Record Date’ as Monday, November 3, 2025 for the purpose of subdivision/demerger of existing 1 (One) Equity Share of face value of Rs. 10/- (only ten rupees) each fully paid up in 2 (two) shares of face value of Rs. 5/- (five rupees only), each fully paid up,” the company said in an exchange filing.
According to the official stock exchange filing, BEML’s Board of Directors approved the subdivision of shares at a meeting earlier in September.
The demerger will involve dividing each fully paid equity share of face value of Rs 10 into two fully paid shares of face value of Rs 5 each. This means that shareholders holding shares on the record date will receive double the number of shares, with each share having half of its original face value.
For example, if an investor owns 10 shares of BEML before the record date, he will receive 20 shares after the split. However, the total value of the holding will remain the same at the record date depending on market price movements as the share price will be adjusted accordingly to reflect the lower par value. To qualify for the split, investors must purchase shares at least one trading day before the ex-date, making today the last day to purchase BEML shares and be entitled to the stock split. After the record date, the company will continue to credit the split shares to the demat accounts of the eligible shareholders. The share price will also be adjusted proportionately to reflect the new face value of Rs 5.
The stock split aims to increase liquidity and improve accessibility to a broader base of investors. BEML has not provided any forward-looking comment on the corporate action.
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