Question : MERGER OF COMPANY WITH BEML



(a) whether the Government has proposal of merger of subsidiary Vignyan Industries Limited, Chikmagalur, Karnataka with M/s Bharat Earth Mover Limited (BEML);

(b) if so, the details thereof;

(c) the benefits likely to accrue to the BEML therefrom; and

(d) the timeframe laid down in this regard?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF DEFENCE (SHRI M.M. PALLAM RAJU)

(a) No, Madam.

(b) Does not arise.

(c) Does not arise.

(d) Does not arise.