BEML Board Recommends 1:2 Stock Split, Record Date To Be Announced Soon
BEML Ltd board recommended a stock split in the ratio of 1:2. The record date for the stock split will be announced after shareholders' approval.
BEML Stock Split 2025: BEML Ltd board on Monday recommended a stock split in the ratio of 1:2 in the board meeting held today, July 21. The company said that the record date for the purpose of the stock split will be announced in due course.
The one stock with the face value of Rs 10 per share will be sub-dividend into 2 equity shares with the face value of Rs 5 each.
'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, subject to shareholders' approval (Details enclosed at Annexure-I). The record date for the purpose of above sub-division/ split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders and will be intimated in due course…," the company said in the filing.
BEML shares fell 0.50 per cent intraday on Monday. At 2:13 pm, the scrip was trading at Rs 4380 apiece, compared to the previous day close at Rs 4,401 apiece. The stock's 52-week movement indicates a high of Rs 4,889 and a low of Rs 2,346 apiece.
A stock split is when a company divides its existing shares into multiple shares to increase the number of outstanding shares.
The main purpose of a stock split is to make the share price more affordable and attractive to retail investors, especially if the price has become too high. It also increases liquidity in the market, making it easier to buy and sell shares.
BEML Limited has maintained a consistent dividend payout policy over the past two years, offering both interim and final dividends to its shareholders. In FY25, the company announced two interim dividends — Rs 5.00 per share with a record date of February 14, 2025, and a second, higher interim dividend of Rs 15.00 per share declared with a record date of May 15, 2025.
In the previous financial year (FY24), BEML declared a final dividend of Rs 15.50 per share, with the book closure period set from September 14 to 20, 2024, and also an interim dividend of Rs 5.00 per share with a record date of February 16, 2024. This steady stream of dividends reflects the company's strong financial performance and its commitment to rewarding shareholders.
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First Published:
July 21, 2025, 14:09 IST
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