Bhageria Industries has achieved a significant milestone in renewable energy expansion through its subsidiary Rahuri Cleantech Private Limited, which successfully commissioned a 7 MW solar photovoltaic plant on March 27, 2026. The project represents a strategic step forward in the company's commitment to clean energy development under the Maharashtra Solar and Wind Energy Policy framework.

Project Commissioning Details

The newly operational solar facility has been developed at Bhatkudgaon, Taluka Shevgaon, District Ahilyanagar, Maharashtra, under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 scheme. The commissioning details are outlined below:

Regulatory Compliance and Implementation

The company has formally notified stock exchanges about the commissioning pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project has been implemented through Rahuri Cleantech Private Limited, a wholly owned subsidiary of Bhageria Industries Limited.

Strategic Significance Under MSKVY 2.0

The commissioning of this solar plant forms part of the aggregate 32 MW capacity under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, demonstrating the company's growing presence in the clean energy sector. The facility represents the company's commitment to supporting Maharashtra's renewable energy objectives and sustainability initiatives.

The successful commissioning marks another achievement for Rahuri Cleantech in executing renewable energy projects within the regulatory framework designed to accelerate Maharashtra's transition to sustainable energy sources. The project enhances the company's renewable energy portfolio and supports its long-term sustainability initiatives.

Bhageria Industries Limited has received conditional restart directions from the Maharashtra Pollution Control Board (MPCB) for its manufacturing operations at the Tarapur facility. The company disclosed this development through a regulatory filing dated March 19, 2026, under Regulation 30 of SEBI listing requirements.

Restart Directions Details

The MPCB issued the conditional restart directions on March 18th, 2026, through Order Reference No. MPCB/ROT/Restart/2603180002. The directions specifically permit the resumption of manufacturing operations in the Sulphonation section of the H Acid Product manufacturing unit.

Financial Impact and Compliance

The restart directions follow a voluntary closure direction issued by MPCB on March 02, 2026. As part of the regulatory action, the company has faced specific financial implications due to previous non-compliance issues.

The company has emphasized that the restart directions were issued after due consideration of its representation and compliance measures undertaken following the initial closure direction.

Compliance Measures and Actions

Bhageria Industries has outlined specific actions taken to address the regulatory requirements and ensure ongoing compliance:

• Strict adherence to consent conditions stipulated by MPCB
• Implementation of safety directives issued by DISH regarding handling of oleum in H-Acid plant
• Establishment of ongoing compliance monitoring by MPCB
• Commitment to full regulatory compliance and sustainable operations

The company has reiterated that its operations have always been conducted in compliance with applicable environmental and statutory laws, and it will continue to adhere to such requirements.

Regulatory Framework

The conditional restart directions were issued under the comprehensive environmental regulatory framework governing industrial operations in Maharashtra. The MPCB's action demonstrates the regulatory oversight mechanism for ensuring industrial compliance with environmental standards.

Bhageria Industries has confirmed its commitment to maintaining strict compliance with all conditions stipulated by MPCB and continuing to adhere to applicable environmental and other statutory requirements as it resumes manufacturing operations at the Tarapur facility.