Bhageria Industries Limited has received a voluntary closure direction from the Maharashtra Pollution Control Board (MPCB) for its Tarapur manufacturing facility following an oleum tank incident. The company informed stock exchanges about the regulatory communication through detailed filings under SEBI disclosure requirements.

MPCB Closure Direction Details

The company received a notice (Ref. No. MPCB/ROT/VCD/134) from the Regional Officer, MPCB Thane, directing the voluntary closure of the sulphonation section of its H Acid Product manufacturing unit. The direction was issued under Section 33A of the Water (Prevention & Control of Pollution) Act, 1974 and Section 31A of the Air (Prevention & Control of Pollution) Act, 1981.

Incident Background and Safety Response

The closure direction follows an incident involving the fall of a measuring tank containing oleum, which resulted in leakage and spread of oleum fumes in the surrounding area, creating a temporary fog-like situation. The company confirmed that there were no injuries or casualties reported from the incident.

As a precautionary measure, all personnel were safely evacuated from the affected area. The MPCB has directed the voluntary closure as a precautionary measure and for safety purposes, considering the nature of the incident.

Compliance and Next Steps

The company stated that it will conduct a safety audit shortly and obtain the required approvals from MPCB and the Directorate of Industrial Safety and Health (DISH) before resuming operations. Bhageria Industries emphasized that its operations have always been conducted in compliance with all applicable environmental and statutory laws.

Financial and Operational Impact

According to the company's disclosure, there is no financial or material impact expected from this closure direction. The company has not specified the duration of the closure or provided a timeline for resuming operations, which will depend on completing the safety audit and obtaining necessary regulatory approvals.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring complete transparency with stakeholders about the regulatory communication and its implications.

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.