BHEL Amends Articles of Association via Special Resolution Passed on Dec 18, 2025
Bharat Heavy Electricals Limited (BHEL) members approved an amendment to the Articles of Association via special resolution on December 18, 2025. The change in Article 69(22) allows greater flexibility in establishing joint ventures and subsidiaries, and divesting shareholding, subject to government guidelines.
The amendment provides BHEL with increased flexibility to establish joint ventures and subsidiaries and divest its shareholding, which could lead to strategic growth opportunities or restructuring. This has a medium-term impact on the company's operational and strategic direction.
The amendment to the Articles of Association is a procedural change that provides more flexibility to the company in its business operations. It does not immediately indicate a positive or negative financial impact.
Bharat Heavy Electricals Limited (BHEL) has announced an amendment to its Articles of Association (AOA) through a special resolution passed via postal ballot on December 18, 2025. This amendment was approved by the company's members.
The key change involves Article 69 (22), which previously restricted equity investment in joint ventures and wholly-owned subsidiaries to 15% of the company's net worth for a single project (limited to ₹1000 crore) and 30% across all projects combined. The revised Article 69 (22) now allows BHEL to establish joint ventures and subsidiaries in India or abroad, and to divest shareholding in these entities, provided it complies with Government guidelines issued from time to time.
The amended AOA is now accessible on BHEL's official website, www.bhel.com, in compliance with Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Bharat Heavy Electricals Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Bharat Heavy Electricals Limited. Read the original for the full detail.