BDL · Bharat Dynamics Limited · NSE · Filed 9 Jul · 1 min read

Bharat Dynamics: Shailesh Vagerwal Takes Charge as Chairman and Managing Director

Shailesh Vagerwal, an Indian Ordnance Factories Service officer, assumed charge as CMD of the defence PSU with effect from 9 July 2026, per its exchange filing.

What was filed

Bharat Dynamics Limited (BDL) told the exchanges that Shri Shailesh Vagerwal (DIN: 11362136) has assumed charge as Chairman and Managing Director with effect from 9 July 2026. The appointment follows an order conveyed by the Ministry of Defence and references an earlier intimation dated 19 June 2026. BDL confirmed Vagerwal is not debarred from holding office by any SEBI or other authority order, and reported no relationships between directors.

Who is taking charge

Per the profile enclosed with the filing, Vagerwal is an officer of the Indian Ordnance Factories Service (IOFS) with nearly three decades of experience in defence manufacturing. He holds a Bachelor of Engineering in Mechanical Engineering from MBM Engineering College, Jodhpur, and a Master of Science in Explosive Ordnance Engineering from Cranfield University, UK. His earlier roles span Ordnance Factories at Dum Dum, Itarsi and Khamaria, and Munitions India Limited. Immediately before joining BDL, he served as Chief General Manager at Ordnance Factory, Khamaria, Jabalpur.

The Chairman and Managing Director sits at the top of a defence PSU's leadership structure; holders may note the change follows a Ministry of Defence order.