Description

BEML Ltd announces sub-division of equity shares from Rs. 10/- each to Rs. 5/- each with record date of November 3, 2025.

Summary

BEML Ltd (Scrip Code: 500048) has announced a sub-division of its equity shares, splitting each existing equity share of face value Rs. 10/- into two equity shares of face value Rs. 5/- each. The record date for this corporate action is November 3, 2025, with the new share structure effective from the same date.

Key Points

  • Sub-division ratio: 1 share of Rs. 10/- into 2 shares of Rs. 5/- each
  • Record Date: November 3, 2025
  • Effective Date: November 3, 2025
  • Existing ISIN (INE258A01016) for Rs. 10/- paid-up shares will cease to be valid for exchange transactions from October 28, 2025
  • New ISIN for Rs. 5/- paid-up shares will be communicated through separate notice
  • Applies to dematerialised securities in rolling settlement segment
  • Notice Reference: DR-748/2025-2026

Regulatory Changes

No regulatory changes. This is a standard corporate action permitted under existing regulations for share restructuring.

Compliance Requirements

  • Trading members must note the record date and effective date for the sub-division
  • Brokers and market participants should inform clients holding BEML shares about the upcoming sub-division
  • System adjustments required to accommodate new ISIN and updated share structure
  • All transactions from October 28, 2025 onwards should use the new ISIN (to be announced)

Important Dates

  • October 14, 2025: Notice date
  • October 28, 2025: Last date for trading with old ISIN INE258A01016 (Rs. 10/- face value)
  • November 3, 2025: Record date for sub-division
  • November 3, 2025: Effective date - new share structure becomes operational

Impact Assessment

Market Impact: The sub-division will increase the number of outstanding shares and reduce the per-share price proportionally, potentially improving liquidity and making shares more accessible to retail investors. No change to overall market capitalization.

Operational Impact: Trading systems, portfolio management systems, and depositories need to update records to reflect the new share structure and ISIN. Shareholders will see their holdings doubled with proportional reduction in face value.

Investor Impact: Existing shareholders will receive two shares for every one share held as of the record date. The total investment value remains unchanged, but increased share count may improve trading liquidity.

Impact Justification

Standard corporate action affecting share structure and liquidity for BEML shareholders. Requires attention for ISIN changes and trading adjustments.