Bhageria Industries Limited has informed the Exchange about General Updates
BHAGERIA · price
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Bhageria Industries has received Conditional Restart Directions from the Maharashtra Pollution Control Board (MPCB) for the Sulphonation section of its H Acid product manufacturing unit at MIDC Tarapur, Boisar, Palghar. The MPCB had earlier issued a Voluntary Closure Direction on March 2, 2026, but after reviewing the company's representations and compliance measures, has now permitted resumption of operations under Section 33A of the Water Act, 1974 and Section 31A of the Air Act, 1981. The financial impact is limited to forfeiture of a bank guarantee of ₹1,00,000 (₹1 lakh) for non-compliance with stipulated consent conditions. The company has committed to strict compliance with MPCB conditions and safety directives issued by DISH regarding oleum handling in the H-Acid plant.
This is a positive development as the company has secured permission to restart operations at its H Acid plant, though a small bank guarantee of ₹1 lakh has been forfeited. Investors should monitor whether the company maintains compliance to avoid future disruptions, but the overall financial impact appears minimal.