Bharat Heavy Electricals Limited (BHEL) has amended its Articles of Association (AOA). The amendment, approved by members via postal ballot on December 18, 2025, pertains to the establishment of joint ventures and subsidiaries, as well as the divestment of shareholding in these entities. The changes are now subject to government guidelines issued periodically.
Articles of Association Amended
Bharat Heavy Electricals Limited (BHEL) has officially announced amendments to its Articles of Association (AOA). The changes were approved by a special resolution passed through a postal ballot by the company’s members on December 18, 2025.
Focus on Joint Ventures and Subsidiaries
The key change involves Article 69 (22) of the AOA, relating to financial Joint Ventures and Wholly Owned Subsidiaries in India or abroad. Previously, the equity investment of the Company had limitations. The amended article now focuses on enabling the company to establish Joint Ventures and Subsidiaries in India or abroad and to divest shareholding in joint ventures and subsidiaries. These activities will be subject to compliance with Government guidelines issued from time to time.
Source: BSE
