BSEPet Plastics LtdLowNeutral
Announced Fri, 8 Aug · 14:35 IST

Fixed Book Closure for 39th Annual General Meeting to be held on Thursday, 28th August, 2025

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pet Plastics Ltd has informed BSE that its Register of Members and Share Transfer Books will remain closed from Friday, August 22, 2025 to Thursday, August 28, 2025 (both days inclusive) for the 39th Annual General Meeting. The 39th AGM is scheduled for Thursday, August 28, 2025 at 2:00 PM at the registered office in Mumbai, with the cut-off date for e-voting eligibility fixed as Thursday, August 21, 2025. Remote e-voting will be open from Monday, August 25, 2025 to Wednesday, August 27, 2025 at 5:00 PM. The AGM notice also lists several special business items, including a proposed name change to 'Bharatam Ventures Limited', a change in the object clause to add financial services activities (loan facilitation, BC/DSA, insurance, mutual fund distribution), approval for related party transactions up to Rs. 100 Crores for FY 2025-26, and an increase in borrowing limits up to Rs. 200 Crores beyond paid-up capital and free reserves.

Likely market impact

Shareholders must hold shares as of the August 21, 2025 cut-off date to be eligible to vote. The proposed name change, shift in business objects toward financial services, large related-party transaction limits, and higher borrowing cap point to a strategic pivot, which investors should factor into their view of the company's future direction.