ALFA Filings
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Bharat Heavy Electricals Limited has redeemed Commercial Papers worth Rs. 500 Crore. The payment was made to all holders on the maturity date of September 25, 2026.
Bharat Heavy Electricals Limited announced that Shri Y Srinivasa Rao superannuated as Executive Director. Shri Chittimouj Gowri Shankar was appointed as General Manager and Head of HPVP.
BHEL entered a Tripartite Agreement with Bigshare Services (new RTA) and Alankit Assignments (old RTA) to transfer registrar functions. This is a routine administrative change of its Registrar and Share Transfer Agent.
BHEL signed a Joint Venture Agreement with Titagarh Rail Systems Limited to form a JVC for maintaining Vande Bharat Sleeper Trainsets for 35 years.
BHEL and Titagarh Rail Systems will form a 50:50 joint venture company for the 35-year maintenance of Vande Bharat Sleeper trainsets.
BHEL's Board approved a further Rs. 65 Crore equity investment in its joint venture, NTPC BHEL Power Projects Private Limited (NBPPL), to support operations.
BHEL intimates the CAG's appointment of joint statutory and branch auditors for FY 2026-27. S. Venkatram & Co LLP, Chennai, is newly appointed as a branch auditor.
BHEL received fines of Rs. 11.03 lakh each from BSE and NSE for non-compliance with LODR board composition regulations. The company is seeking a waiver.
Bharat Heavy Electricals Limited announced the cessation of Mr. Sumeet Salhotra as General Manager & Head. The departure is due to superannuation effective August 25, 2026.
Life Insurance Corporation of India reduced its stake in Bharat Heavy Electricals Ltd from 7.614% to 5.607%. The non-promoter entity sold shares via the open market.
BHEL has entered a strategic partnership with Hystar AS, Norway for PEM Electrolyser Systems. The agreement supports local manufacturing for green hydrogen projects under the Make in India initiative.
BHEL's credit rating was upgraded by India Ratings & Research. Long Term Rating moved from 'IND AA-' to 'IND AA/Stable'.