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.

Pet Plastics Limited (formerly known as Bharatam Ventures Limited) has announced its financial results for the second quarter ended September 30, 2025. The company reported a net loss of Rs 18.83 lakhs for the quarter, indicating challenges in its operations.

Key Financial Highlights

• Revenue: The company's revenue from operations stood at Rs 117.15 lakhs for the quarter.
• Net Loss: Pet Plastics posted a net loss of Rs 18.83 lakhs for Q2 FY2025.
• Total Income: The total income for Q2 FY2025 was Rs 141.30 lakhs, showing an increase from Rs 128.99 lakhs in Q1 FY2025.
• Expenses: Total expenses for the quarter were Rs 126.95 lakhs, down from Rs 162.16 lakhs in the previous quarter.

Financial Performance Table

Additional Information

The Board of Directors has approved the unaudited financial results and related party transactions for the half-year period. The company's performance indicates ongoing financial challenges.

Pet Plastics Limited operates primarily in the trading of plastics, import & export, and other related activities. The company's financial results are prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act 2013.

The Board Meeting to approve these results commenced at 02:00 p.m. and concluded at 08:40 p.m. on November 14, 2025.

Investors and stakeholders should note that these financial results have been subjected to a limited review by the statutory auditors of the company, and no qualifications were reported for the quarter and half-year ended September 30, 2025.