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BEML Ltd Capital/Financing Update 2021

Jan 2, 2021

60811_rns_2021-01-02_ff0180ca-3bfd-445a-8e1b-fe68a530d67a.pdf

Capital/Financing Update

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&mail : bemimys @ sancharmet.in

International Business Division Tel : + 91-80-2222 2730, 2223 9350 e-mail 'office @ export.bemi.co.in

Technology Division Tel: + 91-80-2296 3100-103 email: clfice @ ctd bemi.co.in

Trading Division Tel: + 91-80-22983113 email: office @ trading bemi.co.in

Regional Offices :

Bilaspur Tel : 07752-252082 email : blaspurSrm_ bemi.co in

Chennai Tal : 044-28270792 e-mail; channai@ rm.bemi.co.in Hyderabad Tel ; 049-23227032 email ; ryderabad 6 rm.beml.co.in

Kolkata Tel : 033-22826314 e-mail : kolkata @rm.beml.co.in

Mumbai Tel: 022-22049490 email ; mumbai rm. beml.co.in

Nagpur Tel : 0712-2248435 e-mail : nagpur @rm.beml.co.in

New Delhi Tet: 011-23316500 e-mail : de'[email protected]

Ranchl Tel : 0651-2560370 e-mail : ranchi@ rm.bemi.co.in

Sambalpur Tet : 0683-2521604 mail : sambalpur@ rm.beml.co.in

Singraull Tel : 07805268269 eral : singraul @ rm.bemi.coin

BEML Service Centres :

Moula Al, Hyderbad Tel :049-27240873 e-mad : sh@ Zonal. bemi.co.in

Ongnie » Sennce Activity Centre Mobile No. : 9440312607

Service Activity Centre Katni - 483501 (M. P.) Mobile No, : 9425156473

Service Centre & Stores Kaliata - 700088 Tel : 033-24010782 e-mail : storeskotkotte @ mm.bemi.ca.in

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NEW FRONTIERS, NEW DREAMS ( CIN; L35202KA1964G01001530 )( AGovt. of India Mini Ratna Company under Ministry of Defence ) GotInnovation Management Award
ooManutacturing Unite Ref : CS/SD/SEs 02.01.2021
National Stock Exchange of IndiaLtd. The BSE Limited
e-mail : bemicgmr@ snl. com Listing Compliance Department Listing Compliance Department,
KGF ComplexTol :08153-263020 Exchange Plaza, Bandra-Kuria Complex, P.J. Towers,
t-mail: Demiede @ vsni.net in Bandra (East), 26th Floor, Dalal Street,
Mysore ComplexTe! :0821-2402422 MUMBAI - 400 051 MUMBAI - 400 001

Dear Sir/Madam,

Sub: Information under Regulation 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Reg

We wish to inform that the Government of India ("Gol"), currently holds 54.03% of the total equity share capital of our Company. Gol has decided to disinvest 26.00% of the total equity share capital of our Company through strategic disinvestment with transfer of management control ("Strategic Disinvestment" or "Transaction"). Gol has appointed SBI Capital Markets Limited (SBICAP) as its Transaction Advisor to advise and manage the strategic disinvestment process.

  1. The aforesaid disinvestment process is to be implemented through open competitive bidding route. A Preliminary Information Memorandum (PIM) for the process of Strategic Disinvestment can be downloaded from websites of Department of Investment and Public Asset Management (DIPAM) at www.dipam.gov.in, MoD at www.mod.gov.in, Company at www.bemlindia.in and Transaction Advisor at www. sbicaps.com.

  2. We have been informed that an Advertisement for Global invitation of Eol with regard to strategic disinvestment of our Company is to be published in the newspapers on 04.01.2021. A copy of the Advertisement is attached for your reference.

4, This is for kind information of all stakeholders.

Thanking you.

Yours faithfully For BEML LIMITED

St ppc Src as

S V Ravisekhar Rao Company Secretary & Compliance officer

Regd, Office, :' BEML SOUDHA', 23/1, 4th Main Road, S. R. Nagar Bangalore-560 027. et are / Ph: 080-22963142 reet/ Fax: 080- 22963142 F-Rtet / e-mail: office@ cs berl.com

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF INVESTMENT AND PUBLIC ASSET MANAGEMENT (DIPAM)

GLOBAL INVITATION FOR EXPRESSION OF INTEREST FOR PROPOSED STRATEGIC DISINVESTMENT OF 26% STAKE IN BEML LIMITED BY GOVERNMENT OF INDIA (GOI) ALONG WITH TRANSFER OF MANAGEMENT CONTROL

BEML Limited ("BEML") or (the "Company") is a Miniratna Category-1 Public Sector Undertaking, under the administrative control of Ministry of Defence (MoD). The Company was incorporated on 11th May 1964. The Company operates under 3 major business verticals viz. Mining & Construction, Defence, and Rail & Metro. GOI proposes to disinvest its equity shareholding of 26% in BEML out of its shareholding of 54.03% by way of strategic disinvestment to investor(s) along with transfer of management control. GOI has appointed SBI Capital Markets Limited (SBICAP) as its Transaction Advisor to advise and manage the strategic disinvestment process.

This disinvestment process is to be implemented through open competitive bidding route. A Preliminary Information Memorandum (PIM) for the process of Strategic Disinvestment can be downloaded from websites of Department of Investment and Public Asset Management (DIPAM) at www.dipam.gov.in, MoD at www.mod.gov.in, company at www.bemlindia.in and Transaction Advisor at www.sbicaps.com. For any future information/amendments/ corrigenda, kindly refer to above websites only or contact the Transaction Advisor.

Interested Bidders (IBs) who meet the eligibility criteria mentioned in the PIM, may submit their EOI in either physical form or electronic form via e-mail at the address mentioned below, on or before 5:00 PM (Indian Standard Time) of 1st March, 2021. However, IBs submitting EOI by e-mail shall also be required to submit the EOI in a physical copy in a sealed, covering envelope clearly marked "Private and Confidential — Expression of Interest for the Strategic Disinvestment of BEML" at the below mentioned address, not later than 5:00 PM (Indian Standard Time) of 16'* March, 2021.

Address for submission of EOI:

Ms Apeksha Munwanee, Vice President, Investment Banking SBI Capital Markets Ltd, 202, Maker Tower 'E', Cuffe Parade, Mumbai — 400 005, Maharashtra, India

E-mail for electronic submission of EOI: [email protected]