BEML announces rollout of mechanical minefield marking equipment Mk II prototype
One of India’s leading public sector company under the Ministry of Defence (MoD), BEML Limited informed the bourses that it has rolled out the prototype of mechanical minefield marking equipment Mk II, built on BEML TATRA 6x6. The Atmanirbhar product was developed through the transfer of technology (TOT) from R&DE Engineers, DRDO.
The mechanical minefield marking equipment MK-II, developed by R&DE (Engineers) is expected to greatly benefit the Indian army's ability to mark/fence minefields. The MK II is designed for doing so at a faster rate, semi-automatically with minimal human intervention.
The system is designed to operate in the plains of Punjab as well as the semi-desert & desert of Rajasthan i.e. in all weather conditions.
BEML is expected to receive orders of more than 55 systems from MoD after the successful trial evaluation.
At 11 am on Thursday, the shares BEML were trading at Rs 1,330.60, up by 1.81 per cent or Rs 23.65 per share, against a 0.04 per cent gain in the benchmark index. The 52-week high of the company is recorded at Rs 1,544.25 and the 52-week low is recorded at Rs 566.50 on BSE.