Pet Plastics Ltd — Important, 10-08-2026: Company Update

Bharatam Ventures has completed the acquisition of the remaining 0.00133% stake, or 2 equity shares for ₹240, in Penganga Sakhar Karkhana Private Limited. This makes Penganga Sakhar Karkhana a Wholly Owned Subsidiary. This strategic move diversifies Bharatam Ventures into the sugar manufacturing and allied agro-processing sector, aiming for long-term business opportunities and operational synergies. Penganga Sakhar Karkhana, operating in sugar manufacturing, reported turnovers of 83.53 Cr, 33.69 Cr, and 14.04 Cr in recent financial periods. While a portion of the acquisition involved a related party, it was not deemed material.