Pet Plastics Share Price Today

Pet Plastics approves ₹53 crore guarantee for subsidiary and director loan

Pet Plastics approved a ₹53 crore corporate guarantee for subsidiary Penganga Sakhar Karkhana. The guarantee covers a ₹45 crore existing loan and an ₹8 crore director loan. Funds are designated for sugarcane harvesting and transport advances. The transaction creates a contingent liability with no immediate cash outflow.

Pet Plastics shareholders approve ₹40 crore warrants, new directors at AGM

Shareholders unanimously approved all 11 resolutions at the 41st AGM held on September 16, 2026. Key approvals include a ₹40 crore convertible warrant issue and appointment of three new directors. Authorized share capital increased eight-fold from ₹50 lakh to ₹40.5 crore. Company plans to shift registered office from Mumbai to Pune and expand into agro-commodities.

Pet Plastics registrar closes Sept 10-16 for 41st AGM

Bharatam Ventures (Pet Plastics) registrar closes Sept 10-16, 2026. 41st AGM scheduled for Wednesday, September 16, 2026. E-voting window runs from September 13 to September 15, 2026. Physical meeting held in Mumbai at Signature Business Park.

Bharatam Ventures seeks approval for ₹40 crore warrant issue at AGM

Bharatam Ventures proposes a ₹40 crore preferential issue of convertible warrants to fund subsidiary operations. Standalone net loss widened to ₹1,396.99 lakh in FY26, driven by ₹825.52 lakh in exceptional items. Revenue from operations grew fivefold to ₹2,371.98 lakh, reflecting scaling financial services activities. Shareholders to approve shifting registered office to Pune and altering object clauses for agro-business. New directors Ketan Kataria, Pravin Thigale, and Rahul Chandratre seek appointment at the AGM.

Pet Plastics consolidated loss widens to ₹601.66 million in Q1FY27

Pet Plastics Ltd reported a consolidated loss of ₹601.66 million in Q1FY27, widening from ₹34.45 million in the prior year period. Revenue surged to ₹2,685.44 million driven by inventory changes, while finance costs rose to ₹352.89 million. Standalone results showed a net profit of ₹7.76 million.

Bharatam Ventures completes acquisition of Penganga Sakhar Karkhana

Bharatam Ventures Limited has completed the acquisition of a 99.9987% stake in Penganga Sakhar Karkhana Private Limited for ₹1,79,99,760, making it a subsidiary. The acquisition involves 1,49,998 shares bought at ₹120 each, aiming to diversify into the sugar and agro-processing sector. The target entity reported a turnover of Rs. 8,352.89 Lakhs in FY 2025-26.