Bhageria Industries530803Ongoing legal dispute
SAT adjourns matter to January 5, 2027; SEBI order dated March 31, 2023 stays in force till then
SAT has adjourned the matter; it will now be listed on January 5, 2027 for final disposal.
By ScoutQuest · · 1 min read
- Next SAT Hearing Date
- January 5, 2027 for final disposal
- SEBI Order Date Under Stay
- SEBI adjudication order dated March 31, 2023 remains stayed till then
- Appellants
- Promoter(s)/Promoter Group(s) and Director(s)
What the company told the exchanges
- Bhageria Industries shared this update under Regulation 30 of the Listing Regulations on October 22, 2026.
- The matter is an appeal by Promoter(s)/Promoter Group(s) and Director(s) against a SEBI adjudication order dated March 31, 2023.
- It was listed before the Securities Appellate Tribunal (SAT) on October 21, 2026.
- SAT adjourned it, and it will now be listed on January 5, 2027 for final disposal.
- The SEBI order dated March 31, 2023 stays in force till that time.
Why the date moved
- The update describes this as a group matter involving multiple applicants, law firms and counsels.
- The next hearing dates were fixed in consultation with all concerned parties and the Registry.
- Tentative dates had been shared orally; the company was awaiting the uploaded copy of the order for formal confirmation.
What a stay means here
- A stay keeps an order on hold and not given effect while the appeal is pending.
- The appeal itself has not been decided. January 5, 2027 is the date fixed for final disposal.
The annexure to the update
- It repeats the development: SAT has adjourned the matter, now listed on January 5, 2027 for final disposal.
- On litigation against key management personnel or promoter, and on settlement of the proceedings, the annexure states "Not Applicable".
What to track going ahead
- The outcome of the hearing listed for January 5, 2027.
- Any further adjournment, or any change in the status of the stay on the March 31, 2023 order.
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Source: BSE · 22 Oct 2026
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