Description

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

Summary

BEML Ltd (Scrip Code: 500048) has announced a sub-division of its equity shares. Each existing equity share with a face value of Rs. 10/- will be split into two equity shares of Rs. 5/- each. The record date for this corporate action is November 3, 2025. Trading members are advised that the existing ISIN will become invalid for transactions from October 28, 2025.

Key Points

  • Company: BEML Ltd (Scrip Code: 500048)
  • Corporate Action: Sub-division of equity shares
  • Sub-division Ratio: 1 share of Rs. 10/- into 2 shares of Rs. 5/-
  • Record Date: November 3, 2025
  • Effective Date: November 3, 2025
  • Existing ISIN (INE258A01016) for Rs. 10/- paid-up will be invalid from October 28, 2025
  • New ISIN for Rs. 5/- paid-up to be announced separately
  • Notice Reference: DR-748/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for stock sub-division.

Compliance Requirements

  • Trading members must note the invalidity of the existing ISIN from October 28, 2025
  • All transactions on or after October 28, 2025 must use the new ISIN once announced
  • Members should update their systems to reflect the changed face value and new ISIN
  • Depository participants need to adjust holdings to reflect the 1:2 split ratio

Important Dates

  • October 14, 2025: Circular announcement date
  • October 28, 2025: Existing ISIN (INE258A01016) becomes invalid for exchange transactions
  • November 3, 2025: Record date for sub-division
  • November 3, 2025: Effective date for new face value of Rs. 5/-

Impact Assessment

Market Impact: The stock sub-division will increase the number of outstanding shares by splitting each share into two. This typically improves liquidity and makes the stock more accessible to retail investors by reducing the per-share price.

Shareholder Impact: Existing shareholders will receive twice the number of shares they currently hold, with each new share having half the face value. The total value of their holdings remains unchanged immediately after the split.

Trading Impact: The existing ISIN will cease to be valid from October 28, 2025, requiring all market participants to transition to the new ISIN. A separate notice will inform the market of the new ISIN number for Rs. 5/- paid-up shares.

Operational Impact: Trading members and depository participants must update their systems to reflect the new face value, adjust share quantities in shareholder accounts, and ensure seamless transition to the new ISIN.

Impact Justification

Stock sub-division impacts shareholders and trading but is a routine corporate action with clear timelines