Outcome of the Board Meeting for allotment of Bonus shares has been attached herewith
Awaiting price reaction for this filing.
The Board of Directors of PAE Ltd (now Aurique Limited) approved the allotment of 3,00,000 fully paid-up bonus equity shares of Rs. 10 each in the ratio of 6:1. This means 6 bonus shares were allotted for every 1 existing fully paid-up equity share held by eligible public shareholders (excluding promoters and promoter group). The record date was 25th May 2026. As a result, the company's paid-up equity share capital increased from Rs. 1,00,00,000 (10,00,000 shares) to Rs. 1,30,00,000 (13,00,000 shares). The bonus was funded by capitalizing Rs. 30,00,000 from free reserves. The company has also undergone a name change from PAE Limited to Aurique Limited.
The 6:1 bonus ratio is significantly above a standard 1:1 bonus, which signals strong retained earnings and is generally positive for shareholder perception. However, the exclusion of promoters from the bonus may dilute their stake relative to public shareholders. No immediate cash benefit to shareholders, but it increases liquidity and the number of shares held.