Pet Plastics Ltd — Important, 28-05-2026: Company Update

The Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. It also sanctioned acquiring a 99.9987% stake in Penganga Sakhar Karkhana Private Limited, a sugar and agro-processing company, for approximately 1.80 Crore. This acquisition is a strategic move to expand and strengthen the company's business portfolio. Additionally, CA Rushikesh A Kakade was appointed as the internal auditor for FY 2026-27, and Mr. Rahul Chandratre joined as an Additional Non-Executive Director. The target company reported a turnover of about 83.53 Crore in FY 2025-26.