Bengaluru: BEML Limited has announced a change in its senior financial leadership as Director (Finance) Anil Jerath retired from the company on superannuation with effect from the closing hours of August 31, 2026.
Following his retirement, BEML Chairman and Managing Director Shantanu Roy has been entrusted with the additional charge of Director (Finance) with effect from September 1, 2026.
The company disclosed the leadership change to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Anil Jerath Retires as BEML Director (Finance)
BEML formally informed the stock exchanges about the cessation of Anil Jerath’s services as Director (Finance).
His tenure with the company concluded due to superannuation, and he was relieved from his services at BEML at the close of business on August 31, 2026.
The change marks the end of Jerath’s tenure in one of BEML’s key executive positions responsible for overseeing the company’s financial functions.
Read also: Leadership Updates: BEML Appoints Three New Independent Directors to Strengthen Board
Shantanu Roy Gets Additional Charge of Director (Finance)
Following Jerath’s retirement, BEML CMD Shantanu Roy will take on the additional responsibility of Director (Finance).
The arrangement will come into effect from September 1, 2026.
Key details of the leadership transition are:
- Anil Jerath: Retired as Director (Finance) due to superannuation.
- Effective date of retirement: August 31, 2026, at the close of business.
- Shantanu Roy: CMD, BEML Limited.
- Additional responsibility: Director (Finance).
- Effective date: September 1, 2026.
The interim arrangement is expected to ensure continuity in BEML’s financial and administrative operations following the retirement of its Finance Director.
BEML Leadership Change Disclosed Under SEBI Regulations
BEML made the announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Such disclosures are intended to keep shareholders and the investing public informed about material changes in the company’s senior management.
BEML is listed on both major Indian stock exchanges:
- NSE symbol: BEML
- BSE scrip code: 500048
What the Leadership Change Means for BEML
The additional charge given to CMD Shantanu Roy provides an interim leadership arrangement for BEML’s finance function following Jerath’s superannuation.
With the CMD overseeing both the company’s overall operations and the finance portfolio from September 1, the arrangement is expected to provide continuity in decision-making and financial management during the transition.
About BEML Limited
BEML Limited is a public sector enterprise under the Ministry of Defence, Government of India. Headquartered in Bengaluru, the company manufactures equipment and systems for the defence and aerospace, mining and construction, and rail and metro sectors. BEML plays an important role in supporting India’s indigenous manufacturing and strategic infrastructure requirements.
Read also: BEML Launches Made-in-India BL40 TH 8-Ton Tyre Handler, Set to Transform India’s Mining Industry
