BEML Limited has incorporated a Wholly owned Subsidiary (Wos) Company in the name and style of BEML Land Assets Limited' pursuant to the approval of Board of Directors for parking of surplus land and Assets in view of Demerger under BEML's strategic disinvestment initiated by Gol. BEML Land Assets Limited will only hold the surplus land and asset on demerger which is registered as real estate activity, Hence, the Company belongs to Real Estate Industry. The Authorized capital of WoS is INR 1,000,000/divided into 1,000,000 equity shares of INR 1/-each. The Paid capital is INR 100,000/- divided into 100,000 equity shares of INR 1 each. BEML Limited has subscribed to 100,000 equity shares of INR 1 each along with 6 other nominee members for an amount of INR 100,000.