Ritesh Vijay Vakil Resigns as Managing Director of Bharatam Ventures Limited
Mumbai – March 28, 2026 – Bharatam Ventures Limited, formerly known as Pet Plastics Limited, announced the resignation of Executive Managing Director, Ritesh Vijay Vakil, effective March 28, 2026. The resignation stems from a change in the company’s control.The Board of Directors considered and approved Vakil’s resignation during a meeting held on March 28, 2026, which commenced at 1:00 PM and concluded at 8:00 PM.
A summary of the resignation details is presented below:
| Particulars | Information |
|---|---|
| Name of Director / Nature of Directorship | Mr. Ritesh Vijay Vakil (DIN: 00153325), Executive Director, Managing Director |
| Reason for Change | Resignation due to change in control of the Company |
| Date of Cessation | March 28, 2026 (with effect from close of business hours) |
| Term of Appointment | Not Applicable |
| Brief Profile | Not Applicable |
| Disclosure of Relationship between Directors | Not Applicable |
Vakil expressed gratitude to the Board for their support and guidance during his tenure. Abhinath Shinde remains Managing Director of Bharatam Ventures Limited.
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