As part of BEML's divestment process
BEML announced that Ministry of Defence (MoD) vide mail dated 11 June 2021 conveyed that the Department of Investment and Public Asset Management (DIPAM) and NITI Aayog have concurred to the proposal of Incorporation of Wholly Owned Subsidiary [WoS] of BEML for demerger of surplus land and asset as part of BEML's strategic disinvestment process undertaken by Government of India.Powered by Capital Market - Live News