Bharat Heavy Electricals Limited (BHEL), a leading power equipment manufacturer, has announced significant updates regarding its upcoming Annual General Meeting (AGM) and dividend proposal. The company has rescheduled its 61st AGM and set key dates for shareholder participation and dividend distribution.

AGM Rescheduled to August 19, 2025

BHEL has rescheduled its 61st Annual General Meeting to Tuesday, August 19, 2025, at 10:00 A.M. IST. The meeting will be conducted through video conferencing, allowing shareholders to participate remotely.

Dividend Proposal

The company has proposed a final dividend of Rs 0.50 per share for the financial year 2024-25, representing 25% of the paid-up equity share capital. This dividend proposal is subject to shareholder approval at the upcoming AGM.

Key Dates for Shareholders

BHEL has outlined several important dates for shareholders:

E-voting and Participation

Shareholders whose names appear in the Register of Members or list of Beneficial Owners as of the cut-off date (August 12, 2025) will be eligible to cast their votes through the remote e-voting facility. The e-voting period will commence at 9:00 A.M. IST on August 16 and conclude at 5:00 P.M. IST on August 18, 2025.

Dividend Payment

If approved by shareholders at the AGM, the dividend will be paid within 30 days from the date of declaration, which is on or before September 17, 2025.

Shareholders and investors are advised to mark these dates and participate in the upcoming AGM and voting process to exercise their rights and stay informed about the company's performance and decisions.

Bharat Heavy Electricals Limited (BHEL) experienced a downturn in its stock price on Tuesday, despite recently securing a significant order from Adani Power. The state-owned engineering firm's shares fell 0.98% to close at ₹263.70, reflecting investor sentiment that seemed to overlook the company's recent business win.

Major Order from Adani Power

BHEL recently clinched a substantial order worth ₹6,500 crore from Adani Power. The contract involves the supply of six 800 MW thermal power units, highlighting BHEL's continued prominence in the power generation equipment sector. This order underscores the company's capability to secure high-value projects in the thermal power segment.

Stock Performance and Trading Activity

Despite the positive news of the Adani Power order, BHEL's stock faced selling pressure in Tuesday's trading session. The market witnessed a significant imbalance between buy and sell orders:

The heavy selling pressure, with sell orders outweighing buy orders by more than 2.5 times, contributed to the stock's decline. This trading pattern suggests that some investors may be taking profits or reassessing their positions in light of broader market conditions or company-specific factors.

Market Reaction

The stock's performance on Tuesday indicates that the market's reaction to the Adani Power order was muted. Investors appear to be weighing other factors alongside this positive development. The disconnect between the company's business achievements and its stock performance highlights the complex dynamics that can influence share prices in the short term.

As BHEL continues to secure significant orders in the power sector, market participants will likely keep a close eye on the company's ability to translate these contracts into improved financial performance and shareholder value in the coming quarters.