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  #1  
Old December 27th, 2017, 04:16 PM
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Default BEML Disinvestment

Hii sir, I Wants to get the Information About the Disinvestment of the BEML India Will you please Provide It ?
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  #2  
Old December 28th, 2017, 10:08 AM
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Default Re: BEML Disinvestment

The Government has given ‘in-principle’ approval for strategic disinvestment of BEML Ltd to the extent of 26% of Government shareholding with transfer of management control to strategic buyer.

The amount to be mobilised through the sale of Government Equities in BEML can be known only after completion of the process.

Breakup of extent of land and other assets of BEML Ltd as on 31.03.2017:


Particulars Gross carrying value Accumulated Depreciation Net carrying value
(Rs. in Crore) (Rs. in Crore) (Rs. in Crore)
(i)LAND (total 4191.56 acres)
Free Hold ( 2696.63 acres ) 12.86 - 12.86
Lease Hold ( 1494.93 acres ) 80.39 0.65 79.74
(ii)OTHER ASSETS
Buildings 151.35 14.65 136.7
Plant and Equipment 272.41 43.38 229.03
Furniture and Fixtures 4.74 2.08 2.67
Vehicles
Given on lease 4.26 1.06 3.2
Own use 5.25 1.22 4.03
Office Equipment 2.27 1.16 1.11
Road and Drains 15.33 6.12 9.21
Water Supply Installations 2.38 0.09 2.29
Railway Sidings 8.69 1.99 6.7
Electrical Installation 18.06 4.36 13.7
Jigs and Fixtures 15.63 6.28 9.34
Special Tools 10.22 5.25 4.97
Computers and Data processing units 10 7.12 2.88
Total 613.86 95.42 518.44

Details of Profits made, Dividend and taxes paid to the Government during the last ten years:

Year Profit) Dividend Contribution to exchequer (taxes)
After Tax (Govt. Share)
2007-08 225.65 27 595.63
2008-09 268.84 27 580.34
2009-10 222.85 22.5 688.25
2010-11 149.76 22.5 657.92
2011-12 57.25 11.25 682.58
2012-13 -79.87 5.63 628.76
2013-14 4.68 2.25 653.67
2014-15 6.76 2.25 557.65
2015-16 53.15 9 671.63
2016-17 72.55 18 693.46
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