Bharatam Ventures acquires remaining stake in Penganga Sakhar Karkhana for Rs 240 Back
Bharatam Ventures Limited, formerly known as Pet Plastics Limited, has completed the acquisition of the remaining 0.00133%, or 2 equity shares, of Penganga Sakhar Karkhana Private Limited for Rs 240, making it a wholly-owned subsidiary, according to a regulatory filing on August 10, 2026. The acquisition, which constitutes a related party transaction due to the sale of one share by a company promoter, expands Bharatam Ventures’ business portfolio into the sugar and allied agro-processing sector, with Penganga Sakhar Karkhana Private Limited reporting revenue of Rs 8352.89 crore for fiscal year 2025-26.