BHEL Announces Completion of Tenure for Two Independent Directors

Bharat Heavy Electricals Limited (BHEL) has announced the completion of tenure for two Independent Directors on its Board of Directors. The company informed stock exchanges about this corporate governance development in compliance with regulatory requirements.

Board Changes at BHEL

The state-owned power equipment manufacturer announced that two Part-time Non-Official (Independent) Directors have completed their tenure on the Board. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Details:	Information
Director 1:	Shri Ashok Kumar Aseri
DIN:	09405164
Director 2:	Shri Aashish Chaturvedi
DIN:	00534621
Tenure Completion Date:	March 27, 2026
Position:	Part-time Non-Official (Independent) Directors

Regulatory Compliance

The announcement was officially communicated to both major stock exchanges where BHEL shares are listed. Dr. Yogesh R Chhabra, Company Secretary of BHEL, signed the disclosure document on March 28, 2026. The communication was sent through BSE Listing Centre to BSE Limited, Mumbai, and through NEAPS to National Stock Exchange of India Limited, Mumbai.

Corporate Governance Framework

As a Government of India undertaking, BHEL maintains strict adherence to corporate governance norms and regulatory compliance requirements. The completion of tenure for Independent Directors represents a routine aspect of board governance, ensuring regular rotation and fresh perspectives in the company's leadership structure. Independent Directors play a crucial role in providing objective oversight and guidance to the company's management and strategic direction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.17%	-7.91%	-8.91%	+0.48%	+14.00%	+373.66%

Bharat Heavy Electricals Limited (BHEL) has announced a significant change in its senior management structure, with Ms. Aruna Gulati transitioning out of her senior management role effective March 25, 2026. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Management Transition Details

The transition occurred due to transfer and re-allocation of work within the organization. Ms. Gulati's role change represents a shift in both her responsibilities and reporting structure within BHEL's organizational hierarchy.

Parameter	Previous Role	New Role
Designation	GM & Head (CSM & CC)	General Manager (Operations)
Location	New Delhi	SBD, Bengaluru
Reporting Structure	CMD, BHEL	Head (SBD), Bengaluru
Transition Date	March 25, 2026	March 25, 2026

Regulatory Compliance

BHEL made this disclosure in accordance with SEBI listing regulations, ensuring transparency in corporate governance matters. The announcement was formally communicated to both BSE Limited, Mumbai and National Stock Exchange of India Ltd., Mumbai on March 26, 2026.

Corporate Communication

The disclosure was signed by Jaya Mitra, Manager, Corporate Communication, and digitally authenticated on March 26, 2026. This change reflects BHEL's ongoing organizational restructuring and work reallocation initiatives across its various business divisions and operational units.