Bhageria Industries Ltd

šŸ“‰ Bhageria Industries Credit Rating Revised to 'Watch Negative' by CARE

• Credit rating for ₹91 crores in bank facilities revised by CARE Ratings Limited

• New rating: 'CARE A; Stable / CARE A1 (RWN)' - placed on Rating Watch with Negative Implications

• Revision driven by company's operational and financial performance for 9M FY26

• Voluntary closure notice received from Maharashtra Pollution Control Board for sulphonication plant in Palghar

• Rating reassessment pending once full impact of these factors becomes clear