Announcement under Regulation 30 for Adoption of new MOA and AOA.
Awaiting price reaction for this filing.
PAE Ltd's shareholders approved the adoption of a new set of Memorandum of Association (MOA) and Articles of Association (AOA) at the 75th Annual General Meeting held on March 7, 2026 via video conferencing. The new MOA aligns with Table-A of Schedule I of the Companies Act, 2013, and includes changes to the name clause, registered office clause (shifting from Maharashtra to Gujarat, subject to approvals), object clause, and capital clause. The new AOA fully replaces the existing one and aligns with Table-F of Schedule I of the Companies Act, 2013, covering share capital, general meetings, voting rights, board proceedings, and corporate governance matters.
This is largely a compliance housekeeping exercise to align constitutional documents with the Companies Act, 2013. The proposed shift of the registered office from Maharashtra to Gujarat is a notable change, but it remains subject to regulatory approvals and could have minor tax/jurisdictional implications for shareholders.