In accordance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed newspaper publication of Standalone Unaudited ....
Awaiting price reaction for this filing.
PAE Ltd has published its standalone unaudited financial results for Q1 FY25 (quarter ended June 30, 2024) in the newspapers 'Active Times' (English) and 'Mumbai Lakshadweep' (Marathi) on April 18, 2025, nearly 10 months after the quarter ended. The results show zero revenue from operations across all reported periods, a loss of Rs. 8.77 lakh for Q1 FY25 (compared to Rs. 15 lakh loss in Q1 FY24), and basic/diluted EPS of Rs. -0.08. Paid-up equity share capital stands at Rs. 1,041.96 lakh, while reserves and surplus are deeply negative at Rs. -3,868.13 lakh as of March 31, 2024, indicating accumulated losses far exceeding share capital. The filing is signed by the Erstwhile Resolution Professional and Chairperson of the Monitoring Committee, confirming the company is still operating under a post-IBC insolvency monitoring framework.
The publication highlights serious financial weakness — no revenue, continued losses, and fully eroded net worth — while the delayed reporting and ongoing Monitoring Committee structure suggest the company remains under residual insolvency oversight. For shareholders, this signals a high-risk, non-operational entity with limited near-term recovery prospects and potential implications for any remaining equity value.