BEML disinvestment

BEML Limited is going to incorporate a wholly-owned subsidiary for the demerger of surplus land and assets ahead of its disinvestment

The deadline for the submission of EoIs for the privatisation of BEML Limited closed on Monday with multiple bidders turning up ready to throw their hats in the ring

BEML Limited has appointed Deloitte Haskins & Sells LPP for the demerger of non-core assets ahead of disinvestment

As a 2nd wave of COVID-19 infections hits several countries, the govt has extended the last date for submission of EoIs for privatisation of BEML

Govt begins the process of BEML disinvestment by inviting initial bids from private firms for a sale of 26% stake along with management control in the defence and engineering public sector undertaking

The BEML has declared a dividend of Rs 6 per share, i.e.,60 percent of the equity share capital, which amounts to Rs 24.99 crore for the Financial Year (FY) 2019-20

Some of the latest BEML products unveiled by BEML CMD Deepak Kumar Hota are Medium Bullet Proof Vehicle and Al-Powered Medical Health Diagnostic System at DefExpo-2020

State-run BEML Ltd said on Friday that the DIPAM has appointed two consultancy firms for strategic disinvestment of BEML

The government has started the preparatory work for the disinvestment of 26 percent stake in state-run BEML Ltd, sources said