Bharat Heavy Electricals Limited (BHEL) has publicly disclosed a significant change in the shareholding pattern concerning its promoter, the President of India, acting through the Ministry of Heavy Industries. The filing details the disposal of 174,209,815 equity shares, representing 44,70,55,134.939% of the total equity, via an offer for sale on the stock exchanges. This transaction reduced the promoter’s total holding from 63.17% to 58.17%, executed between February 12 and February 13, 2026.
Mandatory Promoter Shareholding Update
Bharat Heavy Electricals Limited (BHEL) issued a compliance disclosure concerning a material change in the shareholding of its Promoter, the President of India, represented by the Ministry of Heavy Industries, Government of India. This disclosure was made under the requirements for continual updates on changes in holdings.
Details of Share Disposal
The core of the disclosure outlines the disposal of equity shares by the Promoter. Prior to the transaction, the Promoter held 2,19,96,50,402 Equity Shares, equating to 63.17% of the total paid-up capital.
The following key figures summarize the sale:
- Shares Disposed: 174,209,815 Shares (Reported as 44,70,55,134.939 in the Value column, likely a typographical error in the original submission, interpreted as the sale volume).
- Mode of Disposal: The disposal was conducted via an Offer for Sale through the mechanism of the Stock Exchange.
- Transaction Dates: The acquisition advice/allotment dates spanned from February 12, 2026, to February 12, 2026, with the final execution date recorded as February 13, 2026.
Resulting Post-Transaction Holding
Following the successful offer for sale, the Promoter’s resulting holding stands at 2,025,440,586 Equity Shares. This represents a consolidated ownership stake of 58.17% in the company. The transaction was executed across both the BSE Limited and the National Stock Exchange of India Limited.
Derivatives Trading Status
The disclosure confirms that there were no trades involving derivatives (Futures or Options) executed by the Promoter, members of the promoter group, or designated persons during the period under review.
Source: BSE
