Upinder Singh joins BHEL's board as Director for Power segment; stock skids ~1%

22 Mar 2022 , 10:20 AM

Bharat Heavy Electricals Limited (BHEL) informed the investors and exchanges that Shri Upinder Singh Matharu has been appointed as Director (Power) on the Board of BHEL effective from March 21, 2022, till August 31, 2023.

Shri Upinder Singh Matharu, newly appointed Director (Power) has furnished a declaration that he is not debarred from holding the office of Director pursuant to any SEBI order or order of any other such authority.

Currently, BHEL’s Board consists of 12 directors, chaired and managed by Dr. Nalin Singhal.

Shri Matharu is a 1984 batch Mechanical Engineering graduate from Thapar Institute of Engineering & Technology, Patiala. He holds a post-graduate degree in Business Administration (Marketing) besides being a Govt. certified Energy Manager and Auditor from the Bureau of Energy Efficiency (BEE).

Shri Matharu is associated with BHEL since 1985 and first joined the company’s Industrial Valves Plant (IVP), Goindwal when the plant was being set up. He has had a diverse and versatile experience spanning almost 37 years.

BHEL is currently trading at Rs50.25 down by Rs0.45 or 0.89% from its previous closing of Rs50.70 on the BSE. The scrip opened at Rs50.70 and has touched a high and low of Rs50.90 and Rs50.10 respectively.