BEML Ltd — Major Shareholding Notification 2025

Feb 27, 2025

February 25, 2025

Smt. Urmi Chaudhury Company Secretary & Compliance Officer BEML Limited. BEML Soudha, No. 23 / 1, 4th Main Road, S R Nagar, Bengaluru, Karnataka, 560027 Tel. No. - 080-22963142 Fax No. - 080-22963142

Dear Madam,

Sub: Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

We refer to our letter dated July 08, 2024 wherein we had mentioned that as on July 05, 2024, the aggregate holding of the Schemes of HDFC Mutual Fund in "BEML Limited" ("The Company") was 5.23% of the paid up equity share capital of the Company (Paid up Equity Share Capital being Rs. 41,64,45,000/- comprising 4,16,44,500 Equity Shares of Rs. 10/each).

Further, in accordance with the captioned regulation and other applicable laws / regulations, if any, we wish to inform you that there has been an increase in the shareholding of the Company by the Schemes of HDFC Mutual Fund by 2.04% as of February 24, 2025. As on February 24, 2025 the aggregate holding of the Schemes of HDFC Mutual Fund in the Company is 7.27% of the paid up equity share capital of the Company (Paid up Equity Share Capital being Rs. 41,64,45,000/- comprising 4,16,44,500 Equity Shares of Rs. 10/- each).

As per Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 please find enclosed the details of change in the shareholding in the prescribed format enclosed as Annexure 1.

Kindly acknowledge receipt of the same.

Thanking you, Yours faithfully. For HDFC Asset Management Company Limited

マン

Dinesh Bhakade Deputy Vice President - Compliance

Encl: As above

CC:
Listing Department	Listing Department
National Stock Exchange of India Ltd.	BSE Limited
Exchange Plaza,	Phiroze Jeejeebhoy Towers
Bandra - Kurla Complex	Dalal Street,
Bandra (E), Mumbai - 400 051.	Mumbai - 400 001.
Tel.: 022-2659 8190 Fax: 022-2659 8191	Fax: 022-2272 3121

HDFC Asset Management Company Limited CIN No.: L65991MH1999PLC123027 Registered Office : "HDFC House", 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020 Tel.: 91-22-6631 6333 Website : www.hdfcfund.com

Annexure-1

Disclosures under Regulation 29(2) ofSEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	BEML Limited
Name(s) of the acquirer and Persons	HDFC Mutual Fund:
Acting in Concert (PAC) with the	HDFC Trustee Company Limited A/c -
acquirer	HDFC BSE 500 ETFHDFC BSE 500 Index FundHDFC Defence FundHDFC Balanced Advantage FundHDFC Manufacturing FundHDFC Equity Savings FundHDFC NIFTY500 MULTICAP 50:25:25 INDEXFUNDHDFC NIFTY SMALLCAP 250 ETFHDFC NIFTY SMALLCAP 250 INDEX FUNDHDFC Small Cap Fund
Whetheracquirerbelongstheto	NO
Promoter/ Promoter groupName(s) of the Stock Exchange(s) where	BSE Limited
the shares of TC are Listed	National Stock Exchange of India Limited
Details of the acquisition / disposal as	Number	% w.r.t. total	$\frac{0}{6}$totalw.r.t.
follows		share/ voting	share/diluted
		capital	voting capital of
		whereverapplicable $(*)$	the TC $(**)$
Beforetheacquisitionunderconsideration, holding of:
a) Shares carrying voting rights	21,79,541	5.23	N.A
b) Shares in the nature of encumbrance(pledge/ lien/non-disposal undertaking/others)	$\Omega$	0	N.A
c) Voting rights (VR) otherwise than byshares	0	$\mathbf{0}$	N.A
d) Warrants/ convertible securities/ anyother instrument that entitles the acquirerto receive shares carrying voting rights inthe TC (specify holding in each category)	$\overline{0}$	0	N.A
$e)$ Total (a+b+c+d)	21,79,541	5.23	N.A
Details of Acquisition/Sale:
rightsSharescarryingvotinga)acquired/sold	8,49,308	2.04	N.A
b) VRs acquired /sold otherwise than byshares	0	0	N.A
Warrants/convertiblesecurities/any$\mathsf{C}$ )other instrument that entitles the acquirerto receive shares carrying voting rights inthe TC (specify holding in each category)acquired/sold	$\overline{0}$	0	N.A

Annexure-1

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

d) Shares encumbered/invoked/releasedby the acquirer	0	0		N.A
$e)$ Total (a+b+c+/-d)	8,49,308	2.04		N.A
After the Acquisition/Sale, holding of:
a) Shares carrying voting rights	30,28,849	7.27		N.A
b) Shares encumbered with the acquirer	0	$\overline{0}$		N.A
c) VRs otherwise than by shares	0	0		N.A
Warrants/convertible securities/anyd)other instrument that entitles the acquirerto receive shares carrying voting rights inthe TC (specify holding in each category)after acquisition.	0	0		N.A
$e)$ Total (a+b+c+d)	30,28,849	7.27		N.A
Mode of acquisition/sale (e.g. openmarket / off-market / public issue / rightsissue / preferential allotment / inter-setransfer etc).	Open Market
Date of acquisition/sale of shares / VR ordate of receipt of intimation of allotment ofshares, whichever is applicable	February 24, 2025
Equity share capital / total voting capitalof the TC before the said acquisition/sale	shares of	Rs. 41,64,45,000/- comprising 4,16,44,500 equityRs. 10/- each.
Equity share capital/ total voting capital ofthe TC after the said acquisition/sale	shares of Rs. 10/- each.	Rs. 41,64,45,000/- comprising 4,16,44,500 equity
Total diluted share/voting capital of theTC after the said acquisition/sale	N.A.

(*) Total share capital/ voting capital has been taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

For HDFC Asset Management Company Limited

(Investment Manager for the Schemes of HDFC Mutual Fund)

$\sqrt{}$

Dinesh Bhakade Deputy Vice President - Compliance

Place: Mumbai Date: February 25, 2025