General
Impact of Stock Split on your MTF Position in BEML Limited
BEML Limited has announced a Stock Split in the ratio of 1:2, with the Record Date: 3rd November, 2025.
The price will adjust by ~50%, which may temporarily affect how the current MTF positions are displayed until the new shares are credited.
Key Points to Note:
- Sale of MTF Shares / Convert to Delivery of the stock will not be allowed on 3rd and 4th November.
- The newly issued shares (on account of the stock split) will be credited by 4th November. These shares will automatically reflect under your MTF positions and will be auto-pledged under MTF.
- Normal trading in MTF resumes from 5th November.
- Monitor your existing positions and maintain sufficient margin to avoid any automatic square-off of open positions.
Customers may convert their MTF positions to Delivery before 31st October if they wish to sell their BEML shares during the restriction period.