Bhageria Industries , a key player in the chemical manufacturing sector, has unveiled plans for a significant capacity expansion at its Boisar Tarapur plant. The company aims to increase its H-ACID production capacity from 400 MT/M to 500 MT/M, reflecting a strategic move to meet growing demand in both domestic and international markets.

Expansion Details

The expansion plan, disclosed in a regulatory filing, outlines the following key points:

Strategic Implications

This expansion represents a significant step for Bhageria Industries, potentially strengthening its position in the H-ACID market. The company's decision to fund the expansion through internal accruals demonstrates financial stability and confidence in the project's returns.

Market Impact

With the current plant operating at approximately 95% capacity utilization, this expansion is timely and necessary to meet market demands. The expected additional revenue of ₹50.00-55.00 crores underscores the potential impact on the company's financial performance.

Investor Considerations

For investors, this development signals Bhageria Industries' commitment to growth and its ability to respond to market opportunities. The relatively modest investment of ₹5.00 crores for a potential revenue increase of ₹50.00-55.00 crores suggests an efficient use of capital, which could be viewed positively by the market.

As the expansion unfolds over the next six months, stakeholders will likely keep a close eye on the project's progress and its impact on the company's market position and financial metrics.

Bhageria Industries' strategic expansion move aligns with the broader trend of capacity enhancement in the Indian chemical sector, reflecting the industry's optimism and growth potential.

The Securities Appellate Tribunal (SAT) has further postponed the hearing on Bhageria Industries Limited 's legal challenge against a Securities and Exchange Board of India (SEBI) adjudication order. The case, which involves the company's promoters and directors, is now scheduled for final disposal on October 13, 2025.

Key Developments

• The SAT hearing, previously set for August 5, 2025, has been adjourned to October 13, 2025.
• SEBI's adjudication order, dated March 31, 2023, remains stayed until the new hearing date.
• This marks another delay in the proceedings, following a previous postponement from April 24, 2025.

Company Disclosure

Bhageria Industries Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has formally disclosed this development to the National Stock Exchange of India Limited and BSE Limited.

Deepa Toshniwal, Company Secretary & Compliance Officer of Bhageria Industries Limited, stated in the disclosure, "SAT has adjourned the matter and now it will be listed on October 13, 2025 for final disposal, till that time the order dated March 31, 2023 passed by SEBI is stayed."

Background

The case stems from an application filed by the Promoter(s)/Promoter Group(s) and Director(s) of Bhageria Industries challenging the SEBI adjudication order issued on March 31, 2023. The nature of the SEBI order and the specific grounds of the challenge have not been disclosed in the available information.

Market Impact

Investors and market watchers will be keeping a close eye on this ongoing legal matter, as the outcome could potentially impact Bhageria Industries Limited and its stakeholders. The continued stay on the SEBI order until the final hearing maintains the status quo for the company in the interim.

As the case progresses, further updates are expected from the company in line with its regulatory obligations. The financial and operational implications of this legal challenge on Bhageria Industries Limited remain to be seen pending the final disposal of the case in October 2025.