Bharat Heavy Electricals Limited has informed the Exchange regarding Proceedings of the 61st AGM & Disclosure of Voting Results thereof

BHEL held its 61st AGM on August 19, 2025, via video conferencing, with all 10 resolutions passed with the required majority. Out of 20.34 lakh total shareholders, 198 attended the meeting through VC (1 from promoter group and 197 from public). Key items included adoption of FY25 financial statements (99.97% in favour), approval of dividend for FY 2024-25 (99.99% in favour), and re-appointment of two directors retiring by rotation (Tajinder Gupta and Bani Varma), each passing with 93.06% support. The company also appointed three new directors — Ashok Kumar Aseri and Aashish Chaturvedi as Independent Directors, and S.M. Ramanathan as Director — with approvals ranging between 90.5% and 92.88%. M/s Akhil Rohatgi & Co. was appointed as Secretarial Auditor for FY26-FY30. Notably, institutional investors showed meaningful dissent (around 26-36%) against several director appointments, though overall support remained high. Statutory auditors gave a clean report with no qualifications, and C&AG had no comments on the FY25 accounts.