Bharat Electronics Limited has informed the Exchange regarding Appointment of Shri Bharatsinh Prabhatsinh Parmar as Independent Director of the company w.e.f. May 21, 2025.
BEL · price
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Bharat Electronics Limited (BEL) has appointed Shri Bharatsinh Prabhatsinh Parmar (DIN: 07781550) as a Non-Official Independent Director on its Board, effective May 21, 2025. The appointment was made by the Ministry of Defence, Government of India, for a period of three years or until further orders. Shri Parmar is a former Member of Parliament (Rajya Sabha) with qualifications in Commerce and Law, and previously served as Chairman of Gujarat State Police Housing Corporation. The company confirmed he is not disqualified under Section 164 of the Companies Act, 2013, and has no relationship with any existing directors.
This is a routine government-nominated board appointment at BEL (a public sector defence company) and is unlikely to have any material impact on stock price or operations. It strengthens board composition with an experienced former MP and adds governance oversight.