BEML shares will start trading ex-split from Monday, November 3, based on the record date announced by the company.
“We wish to inform you that pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015, the Board of Directors of the Company passed the Resolution at the Board Meeting held on Monday 29thSeptember 2025, and fixed the ‘Record Date’ on Monday, 03rd November, 2025 for the purpose of Sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up,” the company said in an exchange filing.
As per the official stock exchange filing, the Board of Directors of BEML approved the sub-division of equity shares during a meeting held earlier in September.
The split involves dividing each fully paid-up equity share of face value Rs 10 into two fully paid-up equity shares of face value Rs 5 each. This means shareholders holding shares as of the record date will receive double the number of shares, with each having half the original face value.
For example, if an investor holds 10 shares of BEML before the record date, they will receive 20 shares after the split. However, the overall value of the holding will remain the same on the record date, subject to market price movement, since the share price will adjust accordingly to reflect the lower face value.To be eligible for the split, investors must purchase shares at least one trading day prior to the ex-date, making today the final day to buy BEML shares and be entitled to the stock split.After the record date, the company will proceed with crediting the split shares into the eligible shareholders’ demat accounts. The share price will also be adjusted proportionally to reflect the new face value of Rs 5.
The stock split aims to enhance liquidity and improve accessibility for a broader base of investors. BEML has not provided any forward-looking commentary on the corporate action.
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