PAE Ltd: All 18 resolutions passed at 75th AGM (revised results)
Awaiting price reaction for this filing.
PAE Ltd's 75th AGM (March 7, 2026) saw all 18 resolutions pass, including FY25 financials adoption, director re-appointment, statutory auditor, 3 independent directors, shifting of registered office from Maharashtra to Gujarat, change of company name, increase in authorized share capital, new MoA/AoA, enhanced borrowing limits, and preferential equity issue. For resolutions 16 (Rs 100 Cr director loan) and 18 (preferential issue), 9 lakh promoter shares were invalid as interested-party votes, changing the percentages. This is the revised filing.
Major corporate changes approved: company name change, registered office shift to Gujarat, higher borrowing limits, and Rs 100 Cr director loan plus preferential share issue to promoter group.