Issue of 800,000 equity shares by way of conversion of loan into equity and 25,674,993 shares by way of swap of shares.

PAE Limited's board approved a preferential issue of 8 lakh equity shares (Rs. 4.8 crore) to promoter Jatinbhai Patel by converting an existing loan, and a second preferential issue of 2.57 crore shares (Rs. 154 crore) via share swap to promoter group and select public allottees, both priced at Rs. 60 per share (Rs. 10 face value + Rs. 50 premium). The company will rename itself 'Aurique Limited', shift its registered office from Mumbai to Ahmedabad, and completely revamp its main objects to focus on agro commodities, spices, FMCG, dairy products, and contract farming. Mr. Pinalkumar Kalidas Patel is appointed as the new Executive Director and CFO, while Jatinbhai Patel steps down as CFO and moves to a Non-Executive Director role. Q3 FY26 standalone results show zero revenue and a Rs. 15.20 lakh net loss (9M FY26 loss of Rs. 45.36 lakh), with the auditor issuing a disclaimer of opinion due to inability to verify balances, bank confirmations, and the fact that fixed assets were fully written off. An AGM is set for March 7, 2026, and borrowing/investment limits are being raised to Rs. 5,000 crore each.