ALPHA TRIBE

Pet Plastics LtdImportant, 14-08-2026: Company Update

14-08-2026 | 07:52 pm

Bharatam Ventures' board approved quarterly financial results, reporting a standalone profit before tax of ₹0.08 Cr on ₹1.45 Cr revenue, and consolidated revenue of ₹26.85 Cr with a loss before tax of ₹6.02 Cr for the period ending June 30, 2026. The company is set for a major strategic shift, with approved plans to expand its main business into agricultural and agro-based commodities. To facilitate future growth, the board also proposed increasing authorized share capital from ₹0.50 Cr to ₹40.50 Cr and a preferential issue of 4 Cr convertible warrants, raising ₹40 Cr. Two new directors were appointed. These significant proposals await shareholder approval.

No comments yet. Be the first to comment!

All announcements from Pet Plastics Ltd