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BEML raises Rs 200 crore through commercial paper

20 May 2021 Evaluate

BEML has raised Rs 200 crore through commercial paper. Maturity date of said commercial papers will be August 17, 2021. The above commercial paper is part of the working capital facilities as approved by the Board in its meeting held on March 13, 2020.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

Peers
Company Name CMP
BEML 1928.60
Action Const. Equip 1138.05
Sanghvi Movers 407.00
TIL 243.90
Brady & Morris Engg. 660.00
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