Bharatam Ventures Limited (formerly known as Pet Plastics Limited) has announced the resignation of its Company Secretary, CS Dilkush Jitendra Purohit, effective February 05, 2026. The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

CS Dilkush Jitendra Purohit submitted her resignation letter on February 05, 2026, citing personal commitments as the reason for her departure. She held multiple key positions within the organization, serving simultaneously as Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30, read with Para A, Part A of Schedule III of SEBI Listing Regulations, 2015. The announcement also references compliance with SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding the resignation of key managerial personnel.

Company Information

Bharatam Ventures Limited, formerly known as Pet Plastics Limited, is headquartered at Signature Business Park in Chembur, Mumbai. The company operates under CIN L66190MH1985PLC037217 and maintains its corporate presence in Maharashtra. The resignation disclosure was signed by Managing Director Abhinath Shinde (DIN: 07076684) on behalf of the company.

Transition Process

The company has indicated that necessary formalities will be completed, including filing requisite forms with the Registrar of Companies. Purohit expressed gratitude to the Board of Directors and management for the support extended during her tenure with the organization. The company will need to ensure compliance with statutory requirements regarding the appointment of a new Company Secretary within the prescribed timeframe.

Bharatam Ventures Limited , formerly known as Pet Plastics Limited, conducted a board meeting on January 20, 2026, addressing several important business matters including key personnel remuneration and operational authorizations. The meeting, held from 12:00 p.m. to 3:00 p.m., resulted in multiple strategic approvals aimed at strengthening the company's operational framework.

CFO Remuneration Structure Revision

The board approved a comprehensive revision of the remuneration structure for Chief Financial Officer Santosh Shahadeo Unmegh, effective from January 1, 2026. The revision was implemented following recommendations from the Nomination and Remuneration Committee.

The remuneration package includes a fixed monthly salary of ₹1,00,000 along with various allowances and perquisites as per company rules. All other terms and conditions from the original appointment letter remain unchanged, ensuring continuity in the employment framework.

Business Authorization and Banking Matters

The board meeting addressed several operational requirements for the fiscal year 2025-26. Key approvals included the appointment of authorized personnel for executing various business agreements during the current financial year, enhancing the company's operational efficiency and decision-making capabilities.

Additionally, the board approved the opening of new current accounts with various banks, indicating the company's expansion of banking relationships to support its business operations. This strategic move aims to provide greater financial flexibility and operational support.

Regulatory Compliance and Disclosure

The board meeting outcomes were disclosed in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains transparency in its corporate governance practices, ensuring all stakeholders are informed of significant developments.

The meeting agenda also included provisions for addressing any other matters as approved by the board, demonstrating the company's comprehensive approach to business management and strategic planning for the ongoing fiscal year.