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BEML Ltd Regulatory Filings 2021

Jul 16, 2021

60811_rns_2021-07-16_caee3acc-9432-4922-ac8e-41e4c77e1aa7.pdf

Regulatory Filings

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बी ई एम एल लिमिटेड

BEML LIMITED

(CIN: L35202KA1964GOI001530) ( A Govt. of India Mini Ratna Company under Ministry of Defence)

Manufacturing Units:

Bangalore Complex Tel: 080-25242414 e-mail : [email protected]

KGF Complex Tel: 08153-263020 e-mail: [email protected]

Mysore Complex Tel: 0821-2402422 e-mail: [email protected]

International Business Division Tel: + 91-80-2222 2730, 2223 3350 e-mail [email protected]

Technology Division Tel: + 91-80-2296 3100-109 e-mail: [email protected]

Trading Division Tel: + 91-80-22963113 e-mail: [email protected]

Regional Offices:

E laspur Tel: 07752-252082 e-mail: [email protected]

Chennei Tel: 044-28270792 e-mail: [email protected]

Hyderabad Tel: 040-23227032 e-mail: [email protected]

Kolkata Tel: 033-22826314

Nagpur Tel: 0712-2248435 e-mail: [email protected]

New Delhi Tel: 011-23316500 e-mail : [email protected]

Ranchi Tel: 0651-2560370 e-mail : [email protected]

Sambalpur Tel: 0663-2521604 e-mail : [email protected]

Sinorauli Tel: 07805-268260 e-mail : [email protected]

BEML Service Centres:

Moula Ali, Hyderbad Tel: 040-27240873 e-mail: [email protected]

Ongole - Service Activity Centre Mobile No.: 9440312607

Service Activity Centre Katni - 483501 (M. P.) Mobile No.: 9425156473 Ref: CS/SEs/114

16.07.2021

National Stock Exchange of India Ltd. Listing Compliance Department Exchange Plaza, Bandra - Kurla Complex, Bandra (East), MUMBAI - 400 051

Dear Sir / Madam,

  • Sub: Reply to clarification sought- Incorporation of Wholly Owned Subsidiary (WoS) of BEML Limited.
  • Ref: (i) BEML Letter No. CS/SEs/113 dated 15.07.2021 (ii) NSE Email dated 15.07.2021 seeking clarification

With reference to the above, as desired, the reply to the clarification sought is placed as under:

Clarification Sought Company Reply
Industry to which the BEML Limited has incorporated a Wholly owned Subsidiary
entity being acquired (WoS) Company in the name and style of 'BEML Land
belongs Assets Limited' pursuant to the approval of Board of
Directors for parking of surplus land and Assets in view of
Demerger under BEML's strategic disinvestment initiated
by Gol. BEML Land Assets Limited will only hold the
surplus land and asset on demerger which is registered as
real estate activity, Hence, the Company belongs to Real
Estate Industry.
Cost of acquisition or The Authorized capital of WoS is Rs. 10,00,000/- divided
the price at which the into 10,00,000 equity shares of Rs. 1/- each.
shares are acquired The Paid capital is Rs. 1,00,000/- divided into 1,00,000
equity shares of Rs. 1 each.
BEML Limited has subscribed to 1,00,000 equity shares of
Rs. 1 each along with 6 other nominee members for an
amount of Rs. 1,00,000/-.

This is for the information of all stakeholders.

For BEML LIMITED

$\frac{1}{16}$

SV Ravisekhar Rao Company Secretary & Compliance Officer