BEML Ltd — Capital/Financing Update 2024

Oct 15, 2024

Ref: CS/SE/2024-25/520

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Date:15.10.2024

To,

National Stock Exchange of India Limited, The BSE Limited, Listing Compliance Department, Listing Compliance Department, Exchange Plaza, Bandar-Kurla Complex, P.J Towers, 26[th] floor Bandra East, Dalal Street, Mumbai-400051. Mumbai-400001. Security Symbol: BEML Scrip Code: 500048

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of SEBI(LODR) Regulations, 2015-Reg

Pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulation, 2015, we hereby inform that BEML Limited has secured a contract from M/s. Integral Coach Factory, for Design and manufacturing of high-speed Rail.

Enclosed is the Press release for your kind records.

This is in normal course of business.

Thanking You For BEML Limited

URMI Digitally signed by URMI CHAUDHURY CHAUDHURY Date: 2024.10.15 11:38:30 +05'30'

Urmi Chaudhury Company Secretary & Compliance Officer. ICSI Mem.: A29400

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ಪ��ನಕ��Corporate Office:

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BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142

e-mail:cs@beml.co.in @cmdbeml @BEMLHQ CIN:L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU

www.bemlindia.in

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Press Release

Integral Coach Factory (ICF) Awards High-Speed Rail Design and Manufacturing Order to BEML Ltd

Bangalore | October 15, 2024 : BEML Limited has been awarded a contract for the design, manufacturing, and commissioning of two high-speed trainsets, each comprising 8 cars by Integral Coach Factory (ICF), Chennai. The price of each car is ₹27.86 Crs and the total contract value is ₹866.87 Crs which includes design cost, one-time development cost, non-recurring charges, onetime cost towards Jigs, fixtures, tooling and testing facilities, which will be utilised for all future High-Speed projects in India. This project marks a significant milestone in India's high-speed rail journey and will see the first indigenously designed and manufactured trainsets with a test speed of 280 kmph.

The trainsets will be built at BEML's Bengaluru rail coach complex and are scheduled for delivery by the end of 2026. Featuring a fully air-conditioned, Chair Car configuration, the trains will offer modern passenger amenities such as reclining and rotatable seats, special provisions for passengers with restricted mobility, and onboard infotainment systems.

This contract further strengthens BEML's position as a leader in rolling stock manufacturing and reaffirms its commitment to India's vision of a faster, more efficient rail network.

About BEML - BEML Limited is a leading multi-technology ‘Schedule A’ company under the Ministry of Defence, plays a pivotal role in serving India’s core sectors like Defence, Rail, Power, Mining and Construction by offering world class products. BEML operates in three verticals viz. Defence & Aerospace, Mining & Construction and Rail & Metro and has state-of-the-art manufacturing facilities located at Bangalore, Kolar Gold Fields (KGF), Mysore, Palakkad, with having very strong R&D infrastructure and nationwide network of sales and services. BEML Limited, a committed player in the field of manufacturing earthmoving, transportation, and construction equipment, celebrates a rich legacy spanning six decades of relentless pursuit of excellence and innovation.

www.bemlindia.in

Media contacts :

headcc@bemlltd.in | corpcomm@bemlltd.in

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