BEML shares have risen 9.23% in the last 12 months and fallen 0.37% year-to-date. (Source: BEML/Facebook) Show Quick Read Summary is AI Generated. Newsroom Reviewed

BEML has set Nov. 3 as the record date for the 1:2 stock split, according an exchange filing on Monday. The company will split one existing fully paid-up equity share of face value of Rs 10 into two paid-up equity shares of face value of Rs 5 each.

A stock split is a corporate action where a company increases the number of outstanding shares by reducing the face value per share. This typically enhances liquidity as the stock price adjusts accordingly. While the number of shares increases, the total investment value remains unchanged.

To be eligible for a stock split, investors must hold shares as of the record date anno

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