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Govt gives 'in-principal' approval for disinvestment of 26% equity shares in BEML

07 Jan 2017 Evaluate

The Government of India, Ministry of Defence, has given 'in-principal' approval of the Cabinet Committee on Economic Affairs (CCEA), for strategic disinvestment of 26% equity shares in BEML out of Government of India shareholding of 54.03%. The said shareholding would be sold to the strategic buyer/s to be identified by the Government of India by following due procedure.

BEML is a manufacturer of mining and construction equipments in India. It deals in three product segments comprising mining and construction equipments, defense products and railway & metro products. It is also engaged in design and manufacturing of high quality hydraulics, heavy-duty diesel engines, welding robots and heavy fabrication jobs.

BEML Share Price

1771.10 30.95 (1.78%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BEML 1771.10
Action Const. Equip 916.35
Sanghvi Movers 304.25
TIL 206.55
Brady & Morris Engg 828.40
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