The voting results along with scrutinizer''s report for the 75th Annual General Meeting held on March 07, 2026 has been attached herewith.
Awaiting price reaction for this filing.
PAE Limited filed the voting results of its 75th Annual General Meeting held on March 7, 2026. All 18 resolutions were approved by shareholders with 100% votes in favour and zero votes against. Out of 4,924 total shareholders on record date, only 3 from the promoter group and 14 from the public attended via video conferencing. Voting was conducted through remote e-voting (March 4–6, 2026) and e-voting at the AGM, with M/s J. D. Khatnani & Associates acting as scrutinizer. Total shares of the company stand at 10,00,000, with promoters holding 9,50,000 shares (95%) and 95.01% of total shares were polled. Key approvals included adoption of FY25 financial statements, re-appointment of a director, appointment of statutory and secretarial auditors, three new independent directors, a change in the company's name, shifting of registered office from Maharashtra to Gujarat, increase in authorized share capital, adoption of new MOA and AOA, enhanced borrowing powers, a Rs. 100 crore unsecured loan from a director convertible into equity, and a preferential equity share issue.
All resolutions passed unanimously, showing strong shareholder alignment with the management's proposals. The approvals for change of name, registered office shift to Gujarat, increased authorized capital, enhanced borrowing limits, and a Rs. 100 crore loan from a director convertible to equity signal a significant restructuring and potential capital infusion, which could be material for the stock. Shareholders should watch for the new company name, the preferential allotment pricing, and the conversion terms of the director's loan.