On April 24, 2025, Bhageria Industries Limited provided an important update regarding its ongoing legal proceedings with the Securities Appellate Tribunal (SAT). This follows the communication dated January 21, 2025, wherein the Company had previously mentioned that the matter had been adjourned by the SAT for final disposal on April 21, 2025. In this latest update, SAT has further adjourned the matter and now scheduled it for **final disposal on August 5, 2025.

This adjournment follows an earlier order issued by the Securities and Exchange Board of India (SEBI) on March 31, 2023, which the Promoter(s)/Promoter Group(s) and Director(s) of the Company had challenged. As per the latest proceedings, SEBI’s adjudication order remains stayed until the final disposal of the case in August 2025. The adjournment order passed by SAT was received by the Company on April 24, 2025.

In compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular No. SEBI/HO/CFD/CFD–PoD–1/P/CIR/2023/123 dated July 13, 2023, Bhageria Industries has disclosed the following key details:

• Details of Changes in Status: The matter was listed on April 21, 2025, but SAT has now adjourned it and will be heard again on August 5, 2025, for final disposal.

• Litigation Against Key Management: No new updates on litigation against the key management personnel, promoter, or the ultimate person in control have been provided by the company.

• Settlement Details: There has been no settlement of the proceedings, and therefore no compensation, penalty, or impact on the financial position of the Company.

The Company Secretary & Compliance Officer, Deepa Toshniwal, signed off the communication, ensuring compliance with all regulatory requirements. The company also enclosed the adjournment order received from SAT and other necessary disclosures for BSE and NSE records.

This update is essential for stakeholders to be informed of the ongoing legal status and its potential impact on the company's future actions and decisions. Bhageria Industries assures its shareholders and investors that it is closely monitoring the situation and will continue to comply with all regulatory requirements.

For further updates and information, stakeholders are encouraged to stay tuned to the official channels of Bhageria Industries Limited.

The Upcoming IPOs in this week and coming weeks are Ather Energy.

The Current active IPO are Tankup Engineers.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.