Description

BEML Limited's equity share face value will be split from Rs. 10 to Rs. 5, effective November 03, 2025.

Summary

National Stock Exchange of India has announced that BEML Limited will undergo a face value split of its equity shares. The face value and paid-up value will be reduced from Rs. 10 to Rs. 5 per share, effective November 03, 2025. This corporate action will increase the number of outstanding shares while proportionally reducing the price per share.

Key Points

  • Company: BEML Limited (Symbol: BEML)
  • Current face value and paid-up value: Rs. 10 per share
  • New face value and paid-up value: Rs. 5 per share
  • Split ratio: 1:2 (each existing share will become 2 shares)
  • Effective date: November 03, 2025
  • Circular reference: NSE/CML/70758, Circular No. 1993/2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing listing regulations where a company subdivides its existing shares into multiple shares of lower face value.

Compliance Requirements

  • Members and market participants must update their systems to reflect the new face value effective November 03, 2025
  • Trading systems should be configured to handle the split ratio
  • Shareholders will automatically receive additional shares in their demat accounts post-split
  • No action required from individual shareholders

Important Dates

  • Circular Issue Date: October 10, 2025
  • Effective Date: November 03, 2025

Impact Assessment

Market Impact: The face value split will make BEML shares more affordable and potentially improve liquidity by reducing the trading price per share. This typically attracts retail investors and can increase trading volumes.

Shareholder Impact: Existing shareholders will receive twice the number of shares at half the price, maintaining their overall investment value. The split does not affect the fundamental value or market capitalization of the company.

Operational Impact: Stock exchanges, brokers, and depositories need to update their systems to reflect the new face value and adjusted share count.

Impact Justification

Face value split is a significant corporate action affecting share structure and liquidity, but does not change the fundamental value of the company or shareholder wealth.