BSEPAE LtdHighNeutral
Announced Thu, 23 Apr · 18:11 IST
PAE Board Approves FY26 Results, 6:1 Bonus, New Businesses
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
PAE Ltd's board approved FY25-26 audited results with revenue of Rs. 253.64 lakh and net profit of Rs. 33.14 lakh vs prior year loss of Rs. 1,344.14 lakh. Auditors issued a disclaimer of opinion. Board recommended Rs. 0.20/share dividend and 6:1 bonus shares for public shareholders to meet minimum public shareholding norms. 76th AGM set for May 18, 2026. Company, which emerged from NCLT IBC resolution in Nov 2024 and relisted in Jan 2026, is adding ethanol and renewable energy businesses. Operating cash flow was negative at Rs. 1,579 lakh.
Likely market impact
Bonus issue benefits public shareholders; company pivoting to ethanol/renewable energy post-insolvency. Auditor disclaimer and negative cash flow are red flags.