PAE Ltd recommends 6:1 bonus shares for public shareholders

PAE Ltd's Board of Directors, in a meeting held on April 23, 2026, recommended the issue of bonus equity shares in a 6:1 proportion to public shareholders, excluding the promoter and promoter group. This action aims to achieve compliance with the minimum public shareholding requirement mandated by SEBI regulations. The company has fixed Monday, May 25, 2026, as the Record Date for ascertaining the eligibility of public shareholders entitled to receive these bonus shares. The bonus issue will be funded by capitalizing free reserves, with ₹30,00,000 required from the available free reserves of ₹33.14 Lakhs as of March 31, 2026. Post-bonus, the paid-up share capital will increase from ₹1,00,00,000 to ₹1,30,00,000. The bonus shares are expected to be credited or dispatched by June 22, 2026.