@sougataG :- U hv hit the nail on the head. Thr’s a third parallel here too - the Shipping Corp Of India case. Similar story.
When considering these demerger\monetization cases, it is always better to go with promoters who move decisively and quickly. E.g - Look how Allcargo and Aarti Inds promotera move to close the deals.
In Gov. cases, by the time the formalities are cleared, the business conditions change and assets get marked down. Proper value is never realised.
Disclosure :- No investment in BEML. Tracking pos in Shipping Corp for similar demerger arbitrage
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