BEML Limited, a key player in India's defence and infrastructure sectors, has announced a significant corporate action a stock split in the ratio of 1:2. The move is intended to improve share liquidity and increase participation from retail investors. While BEML has no history of stock splits or bonus shares to date, the company has been consistent in rewarding shareholders through dividends.
Although this is the first time BEML has proposed a stock split, the company has a record of consistent dividend payouts. Here’s a look at its recent dividend history:
Type | Amount (₹/share) | Ex-Date | Record/Book Closure |
Interim Dividend | 15.00 | 15 May 2025 | Record Date: 15 May 2025 |
Interim Dividend | 5.00 | 14 Feb 2025 | Record Date: 14 Feb 2025 |
Final Dividend | 15.50 | 13 Sep 2024 | Book Closure: 14–20 Sep 2024 |
Interim Dividend | 5.00 | 16 Feb 2024 | Record Date: 16 Feb 2024 |
Final Dividend | 5.00 | 20 Sep 2023 | Book Closure: 21–27 Sep 2023 |
In a board meeting held on July 21, 2025, BEML approved the subdivision of its equity shares. The proposal involves splitting one equity share of ₹10 face value into two shares of ₹5 face value each, fully paid up.
This stock split is subject to shareholder approval, following which BEML will announce a record date to determine which shareholders are eligible to receive the split shares. Once approved, the implementation process is expected to take 2–3 months, as per news reports
As of now, BEML’s issued, subscribed, and paid-up capital stands at ₹41.64 crore, comprising 4,16,44,500 equity shares of ₹10 each. Post-split, the number of shares will double to 8,32,89,000 equity shares, each with a reduced face value of ₹5.
Importantly, while the number of shares increases, the company’s total capital base and an investor’s proportional ownership remain unchanged.
A stock split is a corporate action where a company increases its number of outstanding shares by dividing existing ones, simultaneously reducing their face value. This action does not affect the overall market capitalisation or the total value of an investor’s holding. Stock splits are generally executed to enhance trading liquidity and make shares more affordable for smaller investors, thereby broadening the shareholder base.
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BEML’s proposed 1:2 stock split marks a strategic step toward improving liquidity and attracting a broader retail investor base. While the company awaits shareholder approval to move forward, investors should stay informed about the upcoming record date and corporate developments.
With a solid track record of dividend payouts and increased focus on capital market participation, BEML continues to engage its shareholders through consistent and shareholder-friendly actions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 23, 2025, 10:09 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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