Bharat Heavy Electricals Legal & Regulatory
BHEL received a GST adjudication order dropping the entire Rs.207.26 Crore demand for FY 2022-23. The company states no financial impact arises from the order.
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BHEL received a GST adjudication order dropping the entire Rs.207.26 Crore demand for FY 2022-23. The company states no financial impact arises from the order.
BHEL received an adjudication order dropping the entire Rs. 207.26 Crore GST demand for FY 2022-23. The company states there is no financial implication, and FY 2023-24 remains under adjudication.
BHEL received an order from Power Grid Corporation of India on behalf of its project SPV for two synchronous condensers at Barmer-II HVDC terminal. The order is valued at Rs 600-900 Cr excluding GST and must be executed within 44 months.
BHEL secured supply contracts from Adani Power for four 2×800 MW projects. Each contract is valued at ₹5,000–7,000 Cr, totalling ₹20,000–28,000 Cr excl. GST.
BHEL received orders from Adani Power for four 2x800 MW projects. Each project is valued at Rs 5,000–7,000 crore excluding GST.
BHEL has appointed Shri Manepalli Sridhar as Director (Human Resources) effective October 22, 2026. He joins the Board with over 36 years of experience.
BHEL reports strong Q2 FY27 performance with 24% revenue growth and 120% PAT growth, driven by a record ₹2.57 lakh crore order book and diversified growth across power and industry sectors.
BHEL board approved Rs. 500 Crore for additional Thermal & Nuclear Sets manufacturing facilities at HEEP-Haridwar. The board also merged two internal divisions into a single unit effective November 2026.
Bharat Heavy Electricals Ltd reported revenue from operations of ₹9,300 Cr (+23.8% YoY) and net profit of ₹820.9 Cr (+119.0% YoY) for Q2 FY27.
Bharat Heavy Electricals Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Bharat Heavy Electricals Limited certified the full utilization of proceeds from Commercial Papers issued during the quarter ended September 30, 2026. The three tranches totaled ₹2,000 Crore.
Bharat Heavy Electricals Ltd will hold a board meeting on October 14, 2026, to approve financial results. The trading window remains closed until October 16, 2026.
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'.
Bharat Heavy Electricals Limited held its 62nd AGM on August 5, 2026. The company submitted the meeting proceedings and consolidated voting results to the exchanges.
BHEL received a customs duty demand and penalty order totaling Rs. 9,28,872 from Chennai Customs. The order cites wrong availment of Basic Customs duty benefits.
BHEL clarified that news regarding the successful development of its 1200 kV Transformer refers to events from 2011-2012, clarifying that this information is over a decade old.
BHEL reports a sharp turnaround in Q1FY27 with 40% revenue growth and positive EBITDA/PAT, driven by a record order book and diversification into non-thermal sectors.
Bharat Heavy Electricals Ltd reported revenue from operations of ₹7,698 Cr (+40.3% YoY) and net profit of ₹376.7 Cr for Q1 FY27.
BHEL’s FY 2025-26 Annual Report shows revenue of ₹33,782 Crore, profit after tax of ₹1,578 Crore. Order inflow hit ₹75,916 Crore, lifting the order book to ₹2,39,057 Crore.