SECTOR
Bharatam Ventures completes acquisition of stake in Penganga Sakhar Karkhana
Jun-27-2026

Bharatam Ventures has successfully completed the acquisition of 99.9987% of the paid-up equity share capital of Penganga Sakhar Karkhana in accordance with the terms of the Share Purchase Agreement. Accordingly, Penganga Sakhar Karkhana has become a Subsidiary of Bharatam Ventures. 

The acquisition has been completed as a strategic investment for diversification of the company’s business portfolio into the sugar and allied agro-processing sector. The acquisition is expected to provide long-term business opportunities, operational synergies and strengthen the company’s presence in the sector.

Bharatam Ventures (Formerly known as Pet Plastics) provides affordable, transparent credit solutions for rural and semi-urban India, including Loan Against Property, Home Loans, Gold Loans and Agri Loans, designed to align with rural cash flows, seasonal incomes, and long-term asset creation. 


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