StockWatch
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Plastic Products - Industrial
Board Meeting15 Sept 2026, 12:13 pm

Bharatam Ventures Board Meeting on Sep 18 to Approve ₹53 Cr Guarantee

AI Summary

Bharatam Ventures Limited (formerly Pet Plastics Limited) has scheduled a Board of Directors meeting for September 18, 2026. The primary agenda item is to consider and approve a corporate guarantee of ₹53 Crores. This guarantee will be in favor of Buldana Urban Co-operative Credit Society Limited for term loan facilities availed by Penganga Sakhar Karkhana Private Limited (₹45 Crores) and Balasaheb Eknath Gunjal (₹8 Crores). Penganga Sakhar Karkhana Private Limited is a wholly-owned subsidiary of Bharatam Ventures Limited. The meeting will also address other necessary business items.

Key Highlights

  • Board meeting scheduled for September 18, 2026.
  • To approve corporate guarantee of ₹53 Crores.
  • Guarantee supports loans for subsidiary and director.
  • Company was formerly known as Pet Plastics Limited.