
President of India Sells 5.00% Stake in Bharat Heavy Electricals Ltd for INR 6,964,126,710
The President of India, acting through the Ministry of Heavy Industries, Government of India, has sold a 5.00% stake in Bharat Heavy Electricals Ltd. The sale took place on February 11, 2026 (T day) for non-Retail Investors and on February 12, 2026 (T+1 day) for Retail Investors, Employees, and non-Retail Investors who choose to carry forward their un-allotted bids from T day. The sale was conducted through an offer for sale (OFS) mechanism on the BSE and NSE. The total shares sold were 174,209,815, representing 5.00% of the total issued and paid-up equity share capital of the Company. The total consideration for the sale was INR 6,964,126,710. Additionally, up to 87,05,158 Equity Shares were offered to eligible employees of the Company.
Key Highlights
- The President of India sold a 5.00% stake in Bharat Heavy Electricals Ltd
- The sale took place on February 11, 2026 (T day) and February 12, 2026 (T+1 day)
- The sale was conducted through an offer for sale (OFS) mechanism on the BSE and NSE
- The total shares sold were 174,209,815, representing 5.00% of the total issued and paid-up equity share capital of the Company
- The total consideration for the sale was INR 6,964,126,710