Update on Completion of Acquisition of 99.9987% Equity Stake in Penganga Sakhar Karkhana Private Limited under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 26 Jun 2026, 08:15 PM IST · BSE ID: 47fd73e5-f093-433d-bb99-86e5841944d8
View Original BSE Filing (PDF)
💡
In Simple Terms
Pet Plastics has finalized buying 99.9987% of Penganga Sakhar Karkhana, a company with Rs. 8,352.89 Lakhs turnover.
🤖 AI Summary
- Pet Plastics Ltd completed acquisition of 99.9987% equity stake in Penganga Sakhar Karkhana Private Limited.
- This marks the finalization of the acquisition previously intimated to the exchanges.
- Penganga Sakhar Karkhana Private Limited reported a turnover of Rs. 8,352.89 Lakhs for FY26.
- The completion was disclosed under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Acquired Equity Stake
99.9987%
Penganga Sakhar Karkhana FY26 Turnover
Rs. 8,352.89 Lakhs
🏢 How This Affects the Company
The acquisition expands Pet Plastics' business portfolio by integrating Penganga Sakhar Karkhana, which recorded a turnover of Rs. 8,352.89 Lakhs in FY26.
This completion integrates Penganga Sakhar Karkhana's financial results, including its Rs. 8,352.89 Lakhs FY26 turnover, into Pet Plastics' consolidated financial statements.
👥 What This Means For Shareholders
✅
Action Required
No direct action is required by shareholders based on this completion update.
👤
Who Is Affected
Existing shareholders of Pet Plastics will see their proportional ownership in a company that now includes Penganga Sakhar Karkhana, an entity with Rs. 8,352.89 Lakhs turnover in FY26.
🔍
Management Signal
The completion signals management's commitment to executing previously announced strategic initiatives, including business expansion through acquisition.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Pet Plastics' next quarterly financial results — examine consolidated revenue and profit.
Future disclosures on the integration strategy and performance of Penganga Sakhar Karkhana.
Any further updates on Pet Plastics' business expansion plans.
LOW RISK
The filing indicates completion of a stated event, reducing execution risk for this specific acquisition.
💡 Investor Takeaway
Pet Plastics Ltd has completed the acquisition of a 99.9987% equity stake in Penganga Sakhar Karkhana Private Limited. This finalizes the integration of an entity that reported Rs. 8,352.89 Lakhs turnover for FY26.
⚖️ Strengths & Concerns
✅ Positives
- Pet Plastics completed the acquisition of a 99.9987% equity stake, securing full operational control over Penganga Sakhar Karkhana.
- The acquired entity, Penganga Sakhar Karkhana, reported a turnover of Rs. 8,352.89 Lakhs for FY26, adding a new revenue stream.
📅 Company Track Record
Pet Plastics previously intimated the acquisition of 99.9987% in Penganga Sakhar Karkhana with Rs. 8,352.89 Lakhs FY26 turnover on May 28, 2026. Prior to this, on April 1, 2026, Pet Plastics completed the sale of non-revenue subsidiary ESPL for Rs. 4,68,24,000.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What percentage equity stake did Pet Plastics Ltd acquire in Penganga Sakhar Karkhana Private Limited?
Pet Plastics Ltd completed the acquisition of a 99.9987% equity stake in Penganga Sakhar Karkhana Private Limited.
What was the turnover of Penganga Sakhar Karkhana Private Limited for FY26?
Penganga Sakhar Karkhana Private Limited reported a turnover of Rs. 8,352.89 Lakhs for the financial year 2026.
Under which SEBI regulation was the acquisition completion disclosed by Pet Plastics Ltd?
The completion of the acquisition was disclosed by Pet Plastics Ltd under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Questions based on this BSE filing only. For information purposes.