Don’t miss the latest developments in business and finance.

Board of BEML approves scheme of arrangement

Image
Capital Market
Last Updated : Jul 24 2021 | 5:16 PM IST

At meeting held on 23 July 2021

The Board of BEML at its meeting held on 23 July 2021 has approved the scheme of arrangement between BEML and BEML Land Assets. The scheme inter-alia provides:

a. Demerger of Identified Surplus/ Non-core Assets from BEML and its vesting in BEML Land Assets,

b. Reduction and cancellation of share capital of BEML Land Assets and matter incidental thereto.

Powered by Capital Market - Live News

Also Read

First Published: Jul 24 2021 | 5:01 PM IST

Next Story