Bhageria Industries Limited has reported a temporary disruption at its Tarapur manufacturing plant following an oleum tank incident on March 2, 2026. The company informed stock exchanges about the incident through a regulatory filing under SEBI disclosure requirements.

Incident Details

The incident occurred at the company's manufacturing facility located at Plot No. D-17, MIDC Tarapur, Boisar Industrial Area, Boisar, Palghar – 401506, Maharashtra. According to the company's disclosure, the incident involved the fall of a measuring tank containing oleum, which resulted in leakage and spread of oleum fumes in the surrounding area.

Safety Response and Control Measures

The company confirmed that the situation was brought under control within a reasonable timeframe. As a precautionary measure, all personnel were safely evacuated from the affected area. The company emphasized that fortunately, there were no casualties or injuries to life reported from the incident.

The temporary fog-like situation created by the spread of oleum fumes was managed effectively by the company's safety protocols. The swift response and evacuation procedures demonstrated the effectiveness of the plant's emergency management systems.

Current Assessment and Next Steps

Bhageria Industries stated that it is currently assessing the extent of the impact, if any, from the incident. The company has not provided specific details about the duration of the operational disruption or the timeline for resuming normal operations at the affected facility.

The disclosure was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders about the operational incident.

Bhageria Industries has announced that its wholly owned subsidiary, Rahuri Cleantech Private Limited, has successfully commissioned a 7MW solar PV power plant at Pimpalgaon Wagha, District Ahilyanagar, Maharashtra. The commissioning was completed on February 25, 2026, under the Maharashtra Solar and Wind Hybrid Policy (MSKVY 2.0) scheme.

Project Specifications

The commissioned solar power facility represents a significant milestone in the company's renewable energy expansion:

Regulatory Compliance

Bhageria Industries filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on February 26, 2026. The notification was submitted to both the National Stock Exchange of India Limited and BSE Limited, ensuring full regulatory compliance for this significant operational development.

Strategic Development

This 7MW solar plant forms part of a larger 32MW solar capacity planned under the MSKVY 2.0 framework. The commissioning through subsidiary Rahuri Cleantech Private Limited demonstrates the company's structured approach to renewable energy investments and its commitment to sustainable operational practices.

Operational Impact

The newly commissioned solar power plant is expected to contribute to:

• Reduced electricity costs through renewable energy generation
• Enhanced sustainability credentials
• Compliance with environmental regulations
• Long-term operational cost optimization

The successful commissioning positions Bhageria Industries among companies actively implementing clean energy solutions as part of their operational strategy.