Intimation of Trading Approval received from BSE Limited for 1000,000 Equity shares of Rs. 10/- each has been attached herewith.
Awaiting price reaction for this filing.
PAE Ltd has received trading approval from BSE for 10,00,000 equity shares of Rs. 10 each, which will begin trading on BSE from 7th January, 2026. These shares were allotted to Promoters on a preferential basis and to existing public shareholders through a proportionate reduction of share capital. The share issuance is part of a Resolution Plan approved by the NCLT Mumbai Bench via its order dated 27th November, 2024, indicating the company completed an insolvency/CIRP restructuring process. The shares bear distinctive numbers 1 to 1000000.
This marks the resumption of regular trading in the newly issued shares following the completion of the NCLT-approved restructuring, providing shareholders with liquidity. The stock may see volatility on resumption of trading as the resolution plan restructuring is now fully operational.