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BHEL announced its Annual General Meeting on 5 Aug 2026, adopting FY 2025-26 financial statements and declaring a dividend. The meeting also re‑appoints directors and ratifies auditor remuneration.
BHEL issued notice for its 62nd AGM, proposing a 70% dividend and ratifying cost auditor fees of Rs.17.36 Lakhs. Shareholders may vote electronically.
BHEL scheduled a board meeting on July 16, 2026, to approve unaudited financial results. The trading window remains closed until July 18, 2026.
BHEL signed a strategic agreement with thyssenkrupp nucera India for alkaline electrolyser systems. The tie‑up will enhance domestic green‑hydrogen manufacturing.
BHEL's credit rating was upgraded by CRISIL to AA/Stable. The rating covers Rs 80,000 Crore of bank loan facilities.
BHEL certified utilization of Rs.1,050 Crore commercial paper proceeds for the quarter ended 30‑June‑2026. The statement confirms compliance with SEBI CP listing conditions.
BHEL’s 62nd AGM is set for 5 Aug 2026 (video‑conference) and the board fixed 17 July 2026 as record date for a final dividend of Rs 1.40 per share.
BHEL set a record date of June 25, 2026, for the redemption of its commercial paper maturing on June 29, 2026. This is a routine debt maturity event with no financial impact on operations.
BHEL's credit rating has been upgraded to CARE AA/Stable by CARE Ratings. The upgrade reflects improved long‑term financial standing.
BHEL secured a ₹90 Crore contract from Damodar Valley Corporation for the Durgapur power station. The 10-month project involves advance engineering and ordering critical items.
BHEL secured a major EPC contract exceeding ₹21,000 Crore for a thermal power project in Uttar Pradesh. The project spans 70 months, enhancing revenue visibility.
BHEL secured a ₹2000 Crore international contract from Dangote Petroleum Refinery for eight gas turbine generator packages. The project reinforces BHEL's global presence in the refinery sector.
Independent Director Shri Ramesh Patlya Mawaskar ceased his role at BHEL following the completion of his tenure. This departure follows standard regulatory disclosure under SEBI LODR.
BHEL received non-compliance notices from BSE and NSE totaling ₹0.11 Crore in fines. The company is seeking a waiver due to government-directed director appointment processes.
BHEL successfully redeemed Commercial Paper worth ₹650 Crore on its maturity date. The full payment to all holders demonstrates the company's robust liquidity position.
BHEL reported several SEBI non-compliances regarding board composition, resulting in ₹0.22 Crore in cumulative fines. The government-owned company is actively communicating with regulators to resolve these vacancies.