Bharat Heavy Electricals Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

BHEL · price

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Price reaction · full curve 14 horizons · vs prior close

-1.5%1-day move

₹255.10

prior close

₹250.35

base price

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AI summary

BHEL has informed the stock exchanges that two Part-time Non-Official (Independent) Directors — Shri Ashok Kumar Aseri (DIN: 09405164) and Shri Aashish Chaturvedi (DIN: 00534621) — have ceased to be on the Board of the company with effect from 27.03.2026, upon completion of their tenure. The disclosure was made by the Company Secretary under SEBI Listing Regulations. No reasons were disclosed because their exit is on natural completion of the term, not resignation. The company has not yet announced any new independent director appointments to fill these vacancies in this filing.

Likely market impact

This is a routine, pre-scheduled board change and is unlikely to materially affect the stock price. Investors may watch for a follow-up announcement on new independent director appointments to reconstitute the board and any committees.