Shareholders meeting

Ref: CS/62-AGM/875 29.09.2026 National Stock Exchange of India Ltd. The BSE Limited Listing Compliance Department Listing Compliance Department Exchange Plaza, Bandra - Kurla Complex, P.J. Towers, 26th Floor, Bandra (East), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 Symbol: 500048 Scrip Code: 500048 Dear Sir / Madam, Sub: Proceedings of the 62nd Annual General Meeting of BEML Limited - Reg. In terms of Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Proceedings of the 62nd Annual General Meeting of the Shareholders of the Company held on 29.09.2026 at 11.30 Hours through two-way Video Conference (VC) / Other Video-Visual Means (OAVM). Thanking you, For BEML Limited Savitri Yadav Company Secretary & Compliance Officer ICSI Mem.: A21994 Place: Bangalore Encl: As above. ಪ(cid:3187)(cid:3467)ನಕ(cid:3278)ೕ(cid:3588)Corporate Office: ’(cid:166)ೆ(cid:307)(cid:172)ೌ(cid:213)ಧ’, ೨೩/೧, ೪(cid:163)ೇಮುಖ(cid:205)ರ(cid:177)ೆ,(cid:195) ಸಂಪಂ(cid:278)(cid:170)ಾಮನಗರ, (cid:166)ೆಂಗಳ(cid:136)ರು - ೫೬೦೦೨೭.ದೂರ(cid:174)ಾ(cid:293)ಸಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೨೨೩೦೬೫ (cid:165)ಾ(cid:205)ಕ(cid:213)(cid:249)ಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೧೦೪೦೯೯ BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142 cs@bemlltd.in @cmdbeml BEML LTD. CIN: L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU, www.bemlindia.in Proceedings of the 62nd Annual General Meeting The 62nd Annual General Meeting (AGM/meeting) of Company was held on Tuesday, the 29th September, 2026 at 11.30 hours through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) in compliance with the various circulars issued by the Ministry of Corporate Affairs and Securities & Exchange Board of India and applicable provisions of the Companies Act, 2013 and SEBI Listing Regulations without the physical presence of members at a common venue. According to the requirement of Companies Act, 2013 and SEBI Listing Regulations, the Company had provided to its members the facility to cast the votes through remote electronic voting system provided by Central Depositories Services (India) Limited (CDSL), on all resolutions set forth in the Notice. Company Secretary briefed the members about participation and voting at the meeting, dispatch of Notice of AGM and 62nd Annual Report 2025-26 and remote e-voting provided by CDSL. Company Secretary also informed that the Registers as required under the Companies Act, 2013 and other relevant documents mentioned in the Notice are available for electronic inspection. The Company Secretary confirmed the presence of the requisite quorum for the meeting and requested Hon’ble Chairman & Managing Director, Shri. Shantanu Roy, to conduct the proceedings. The Chairman extended a warm welcome to the shareholders including the authorized representative of Government of India and invited the Directors to introduce themselves. All the Directors attended the meeting from the Registered Office i.e. the deemed venue of the meeting except Shri Dinesh Mahur, Additional Secretary – Defence Production, Government Nominee Director. The representatives of Statutory Auditors, Cost Auditors and Secretarial Auditors also attended the meeting through Video Conference mode. Thereafter, the Chairman delivered his speech on performance highlights of FY 2025-26 and future outlook of FY 2026-27 covering all the business areas of the Company, Corporate Governance, CSR & Sustainability development etc. The Chairman further stated that the Company has taken all feasible efforts to enable members to participate in this AGM through video conference and to vote on the items proposed in the Notice of the meeting. As, the notice of the 62nd AGM had already been circulated to the shareholders, the same was taken as read. ಪ(cid:3187)(cid:3467)ನಕ(cid:3278)ೕ(cid:3588)Corporate Office: ’(cid:166)ೆ(cid:307)(cid:172)ೌ(cid:213)ಧ’, ೨೩/೧, ೪(cid:163)ೇಮುಖ(cid:205)ರ(cid:177)ೆ,(cid:195) ಸಂಪಂ(cid:278)(cid:170)ಾಮನಗರ, (cid:166)ೆಂಗಳ(cid:136)ರು - ೫೬೦೦೨೭.ದೂರ(cid:174)ಾ(cid:293)ಸಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೨೨೩೦೬೫ (cid:165)ಾ(cid:205)ಕ(cid:213)(cid:249)ಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೧೦೪೦೯೯ BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142 cs@bemlltd.in @cmdbeml BEML LTD. CIN: L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU, www.bemlindia.in The Company Secretary informed the Members about the observations of Statutory Auditors and Secretarial Auditors. She further informed that observations made by both Auditors had no material adverse impact on the functioning of the company and that there were no other qualifications, observations or adverse comments of auditors on financial statements and matters, which have any material bearing on the functioning of the Company. The following items of business as set out in the Notice convening the 62nd AGM were transacted at the Meeting through remote e-voting: Ordinary Business: Ordinary Resolution 1. Approval of Audited Standalone Financial Statement including Consolidated Financial Statement for the Financial year ended 31st March, 2026 along with reports of the Board of Directors and Auditors thereon. 2. Confirmation of interim dividend of ₹2.50/- per equity share i.e. 50% on equity shares of ₹5 each declared on 06.02.2026 and a 2nd interim dividend of ₹2.30/- per equity share i.e. 46% on equity shares of ₹5 each declared on 29.05.2026, paid to the shareholders and declaration of the Final Dividend @ ₹12.28 per equity share i.e. 246% on equity shares of ₹5/- each for the financial year 2025-26. 3. To appoint a Director in place of Shri Shantanu Roy (DIN:10053283), Chairman & Managing Director, who retires by rotation and being eligible, offers himself for re-appointment. 4. To appoint a Director in place of Shri Rajeev Kumar Gupta, (DIN:10803828), Director (Rail & Metro Business), who retires by rotation and being eligible, offers himself for re- appointment 5. Fixation of remuneration of the Statutory Auditors for the year 2026-27. Special Business: 6. Ratification of Remuneration payable to Cost Auditors for the year 2026-27 as an Ordinary Resolution. 7. Appointment of M/s. M. P. Sanghavi & Associates LLP, as Secretarial Auditors of the company as an Ordinary Resolution. 8. Appointment of Shri Sachin Dighde (DIN:11306396) as Director (Defence Business) of the Company as an Ordinary Resolution. 9. Appointment of Shri Dinesh Mahur (DIN:10862645) as Government Nominee Director of the Company as an Ordinary Resolution. 10. Appointment of Smt. Promila Kundara (DIN:11904770), as a Non-official Director (Independent Director) of the Company as a Special Resolution. ಪ(cid:3187)(cid:3467)ನಕ(cid:3278)ೕ(cid:3588)Corporate Office: ’(cid:166)ೆ(cid:307)(cid:172)ೌ(cid:213)ಧ’, ೨೩/೧, ೪(cid:163)ೇಮುಖ(cid:205)ರ(cid:177)ೆ,(cid:195) ಸಂಪಂ(cid:278)(cid:170)ಾಮನಗರ, (cid:166)ೆಂಗಳ(cid:136)ರು - ೫೬೦೦೨೭.ದೂರ(cid:174)ಾ(cid:293)ಸಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೨೨೩೦೬೫ (cid:165)ಾ(cid:205)ಕ(cid:213)(cid:249)ಂ(cid:145)ೆ(cid:205) : +೯೧೮೦೨೨೧೦೪೦೯೯ BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142 cs@bemlltd.in @cmdbeml BEML LTD. CIN: L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU, www.bemlindia.in 11. Appointment of Shankar Lal Agrawal (DIN: 11899309), as a Non-official Director (Independent Director) of the Company as a Special Resolution. 12. Appointment of Shri Karunakaran Nambiar K. (DIN:09511983), as a Non-official Director (Independent Director) of the Company as a Special Resolution. Since the AGM was held through Video Conference and the resolution mentioned in the notice convening the meeting had already put to vote through remote e-voting, there was no proposing and seconding of the resolutions also there was no voting by show of hands. The Company Secretary invited the members who had registered themselves as speakers to express their views and ask questions. The Members were given an opportunity to spea [Showing first 8,000 characters — download PDF for full document]