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

Kmp ResignedManagement Changes View source PDF

BHEL · price

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Price reaction · full curve 14 horizons · vs prior close

-0.4%1-day move

₹253.00

prior close

₹254.05

base price

After-mkt

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+2.0+2.5+2.6+3.2-0.4+1.9+3.6+0.8-2.9-2.0+22.7+28.5+61.6+62.8

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AI summary

BHEL's Director (Human Resources), Shri Krishna Kumar Thakur (DIN: 10172666), has stepped down from the company's board effective 19th March 2026 (forenoon). He is moving to NMDC Limited as Director (Personnel), based on orders from the Ministry of Steel dated 17.03.2026 and approval from the Ministry of Heavy Industries dated 18.03.2026. Until a permanent replacement is appointed, the additional charge of the Director (HR) role has been handed to Shri Tajinder Gupta, who continues as Director (Power) at BHEL. This is a routine, government-driven transfer between central public sector enterprises (CPSEs), with no disruption flagged to business operations.

Likely market impact

This is an administrative government-ordered transfer of a functional director between two CPSEs and is unlikely to have any material impact on BHEL's operations or shareholders. The additional charge arrangement ensures continuity in the HR function.