BHARAT HEAVY ELECTRICALS LTD - Buyback

All Market Participants are hereby informed that Bharat Heavy Electricals Limited (“The Company”) has announced cash offer for Buyback of 18,93,36,645 (Eighteen Crores, Ninety Three Lakhs, Thirty Six Thousand, Six Hundred And Forty Five Only) fully paid-up equity shares of face value of Rs. 2/- each, representing 5.16% of the total issued and paid-up equity share capital of the Company as on March 31, 2018, from all the eligible shareholders/ beneficial owners of equity shares of the Company as on the record date i.e. Tuesday, November 06, 2018, on a proportionate basis, through the “tender offer” process at a price of Rs. 86/- (Rupees Eighty Six Only) per equity share for an aggregate consideration of Rs. 1628,29,51,470/- (Rupees One Thousand Six Hundred And Twenty Eight Crore, Twenty Nine Lakh, Fifty One Thousand, Four Hundred And Seventy Only) from December 13, 2018 to December 27, 2018.

Note: Everyday Cutoff: 4.00 PM

Last Day Cutoff: 11.30 AM