BEML Clarifies Infra Expansion At KGF Facility Not A New Unit

BEML Ltd. on Friday clarified that its infrastructure development and facility expansion at Kolar Gold Fields, Karnataka, is part of normal business operations and does not constitute a new unit or business expansion.

The company said this in response to media reports suggesting it was setting up new units at the KGF facility. As the activity falls under routine operations, no separate disclosure was required, it said in an exchange filing.