Trading Members of the Exchange are hereby informed that, pursuant to Order passed by the Central Government, Ministry of Corporate Affairs, approving the Scheme of Arrangement (for Demerger), BEML Ltd has fixed Record Date for the purpose of determining entitlement of the shareholders of the Company, as per details given below:
COMPANY NAME
CODE
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RECORD DATE
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PURPOSE
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EX-ENTITLEMENT FROM
DATE &
SETT. NO.
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BEML Ltd (500048)
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09/09/2022
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As per Scheme of Arrangement sanctioned vide Order of the Government of India, Ministry of Corporate Affairs, between, BEML Ltd (Demerged Company) and BEML Land Assets Limited (Resulting Company) : -
Upon the Scheme becoming effective and upon vesting of the Identified Surplus/Non-Core Assets of BEML Ltd into BEML Land Assets Limited;
BEML Land Assets Limited shall issue and allot Equity Shares to the shareholders of BEML Ltd in the following proportion:
“1 fully paid up equity shares of Rs. 10/- each fully paid up of BEML Land Assets Limited shall be issued and alloted For every 1 fully paid up equity shares of Rs. 10/- each fully paid up held in BEML Ltd”
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08/09/2022
DR-111/2022-2023
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Note:
1) Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the equity shares of the aforesaid company shall be transferred from ‘A’ group to ‘T’ group w.e.f. 8th September, 2022, and
2) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012; the aforesaid scrip shall be a part of Call Auction in Pre-open Session on 8th September, 2022.
3) Subject to compliance with requisite formalities, the shares of Resulting company i.e. BEML Land Assets Limited will be listed on BSE Limited.
Marian Dsouza
Senior Manager –Listing Operations (CRD)
September 02, 2022
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