Bhageria Industries Limited , a chemicals sector company, has announced another adjournment in its ongoing legal proceedings with the Securities and Exchange Board of India (SEBI). The Securities Appellate Tribunal (SAT) has rescheduled the hearing of an application filed by the company's promoters and directors challenging a SEBI adjudication order to March 2026.

Latest Adjournment Details

Background and Timeline

The case stems from an adjudication order passed by SEBI on March 31, 2023. Following this order, the promoters and directors of Bhageria Industries Limited filed an application with the Securities Appellate Tribunal challenging the SEBI decision. The matter has seen multiple adjournments, with the latest communication from the company dated January 8, 2026.

Chronology of Proceedings

Regulatory Compliance

Bhageria Industries Limited has maintained compliance with its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary and Compliance Officer, Deepa Toshniwal, issued a formal communication to both the National Stock Exchange of India Limited and BSE Limited on January 8, 2026.

The disclosure indicates that the copy of the adjournment order passed by SAT is awaited, demonstrating the company's commitment to transparency in its communications with shareholders and regulatory bodies.

Current Status and Implications

The SEBI order dated March 31, 2023, remains stayed until the final disposal of the matter. This continued stay provides temporary relief for the company's promoters and directors while the legal proceedings are pending. The final resolution of this matter is now scheduled for March 10-12, 2026, extending the timeline for closure by approximately two months from the previously scheduled January dates.

Stakeholders should note that the outcome of the SAT hearing in March 2026 will be crucial in determining the validity of SEBI's original order and its potential impact on Bhageria Industries Limited's regulatory compliance status.

Bhageria Industries Limited , a key player in the Indian chemical sector, has announced a significant expansion of its product portfolio. The company has received approval to commence commercial production of new plasticizers and ethoxylates, marking a strategic move to diversify its offerings and tap into growing market demands.

New Product Launch

Bhageria Industries has introduced a range of new products in the plasticizers and ethoxylates categories. The commercial production of these products is set to begin on October 8, 2025, following the receipt of the Consent to Operate from the Maharashtra Pollution Control Board on October 7, 2025.

Product Details

The company's new product line includes:

Market Impact and Business Rationale

The introduction of these new products is expected to have a significant impact on Bhageria Industries' market presence:

1. Market Expansion: The new plasticizers and ethoxylates will cater to both domestic and international markets, potentially broadening the company's customer base.

2. Industry Applications: These products are crucial in enhancing the flexibility and durability of polymers, particularly PVC. They find applications in various sectors including cables, flooring, footwear, and automotive industries.

3. Revenue Growth: By diversifying its product portfolio, Bhageria Industries aims to tap into the growing demand in these sectors, which is expected to boost its revenue streams.

4. Competitive Edge: The expansion into plasticizers and ethoxylates positions Bhageria Industries to compete more effectively in the specialty chemicals market.

Production Facility

The commercial production of these new products will take place at the company's facility located at D-17 MIDC, Tarapur Boisar Industrial Area, Boisar Palghar, Maharashtra.

This strategic move by Bhageria Industries reflects the company's commitment to growth and innovation in the chemical sector. As the demand for specialized chemical products continues to rise across various industries, this product expansion could potentially strengthen Bhageria Industries' position in the market.

Investors and industry observers will be keenly watching how this new product line impacts the company's financial performance and market share in the coming quarters.