Bhageria Industries Limited , a company listed on the Indian stock exchanges, has announced a significant development in its ongoing legal proceedings with the Securities and Exchange Board of India (SEBI). The Securities Appellate Tribunal (SAT) has further adjourned the hearing of an application filed by the company's promoters and directors challenging a SEBI adjudication order.

Key Details of the Adjournment

Background and Implications

The case stems from an adjudication order passed by SEBI on March 31, 2023, the details of which were not disclosed in the available information. Following this order, the promoters and directors of Bhageria Industries Limited filed an application with the Securities Appellate Tribunal challenging the SEBI decision.

Chronology of Events

1. March 31, 2023: SEBI passes the original adjudication order
2. April 2025: Initial adjournment communicated by the company
3. October 13, 2025: Previously scheduled hearing date
4. October 16, 2025: Company discloses the latest adjournment
5. January 8-9, 2026: Newly scheduled dates for final disposal

Company's Disclosure

Bhageria Industries Limited has adhered to 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 the National Stock Exchange of India Limited and BSE Limited, informing them of this development.

The disclosure also mentions that the copy of the adjournment order passed by SAT is awaited. This indicates that the company is maintaining transparency in its communications with shareholders and regulatory bodies.

Implications for Stakeholders

While the specific details of the SEBI order remain undisclosed, the continued stay on the order until the final hearing provides temporary relief for the company's promoters and directors. Shareholders and potential investors should note that the final resolution of this matter is now scheduled for early 2026, which may have implications for the company's regulatory compliance status and potentially its operations.

As this legal process unfolds, stakeholders are advised to stay informed through official company communications and regulatory filings. The outcome of the SAT hearing in January 2026 will be crucial in determining the validity of SEBI's original order and its impact on Bhageria Industries Limited.

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.