PAE Ltd Approves Financial Results, Recommends Dividend, and Boosts Capacity with Bonus Issue
PAE Ltd announced several material corporate decisions following its board meeting on April 23, 2026. The company approved its audited standalone financial results for the quarter and year ended March 31, 2026. The Board also recommended a final dividend, a substantial bonus equity share issue, and significant alterations to the company’s Memorandum of Association, positioning it for expansion into the ethanol and renewable energy sectors.Financial Performance and Dividend Recommendation
The Board of Directors recommended a final dividend of Rs. 0.20 (Twenty Paise) per equity share of the face value of Rs. 10 each for the financial year 2025-26. The company is scheduled to convene its 76th Annual General Meeting (AGM) on Monday, May 18, 2026, through Video Conferencing/Other Audio-Visual Means (VC/OAVM). For the purpose of determining eligibility for the final dividend, the Record Date for the company’s public shareholders was fixed as Monday, May 11, 2026.The audited standalone financial results reveal the following key figures:
Balance Sheet Summary (Rs. in Lakh)
| Component | As at 31st Mar. 2026 (Audited) | As at 31st Mar 2025 (Audited) |
|---|---|---|
| Total Assets | 273.45 | 17.55 |
| Total Equity and Liabilities | 273.85 | 17.55 |
| Equity | 133.14 | -1,478.A3 |
Profit and Loss Statement Summary (Rs. in Lakh)
| Metric | For the Period Ended 31.03.2026 (Audited) | For the Period Ended 31.03.2025 (Audited) |
|---|---|---|
| Total Revenue | 253.64 | 6,.,422.2+ |
| Total Expenses | 175.14 | 60,074.to |
| Net Profit/Loss for the Period | 74.50 | 33.14 |
Bonus Issue Details
The Board also recommended the issue of bonus equity shares in the proportion of 6:1. This means that six new fully paid-up equity shares of Rs. 10 each will be issued for every one existing fully paid-up equity share held by eligible public shareholders, excluding the Promoter and Promoter Group.Key details of the proposed bonus issue are as follows:
| Particulars | Details |
|---|---|
| Bonus Ratio | 6:1 (Six new shares for every One existing share) |
| Pre-bonus paid-up share capital | 10,00,000 equity shares (Rs. 1,00,00,000) |
| Post-bonus paid-up share capital | 13,00,000 equity shares (Rs. 1,30,00,000) |
| Free reserves available for capitalization | Rs. 33.14 Lakhs as on 31.03.2026 |
| Estimated dispatch date | On or before June 22, 2026 |
Expanded Business Scope and Objectives
In a major strategic move, the Board approved the alteration of the company's object clause in the Memorandum of Association. These changes expand PAE Ltd's scope into two major sectors:1. Ethanol Sector: The company added the objective to carry on the business of manufacturers, producers, processors, distillers, and dealers in all kinds of ethanol. This includes establishing and operating distilleries, processing ethanol from raw materials like molasses, grains, and biomass.
2. Renewable and Green Energy Sector: The company broadened its mandate to include the generation, distribution, and trading of power from renewable and nonconventional sources. This covers solar, wind, biogas, green hydrogen, and waste-to-energy projects. The scope also encompasses developing electric vehicle (EV) charging infrastructure, green mobility solutions, and providing advisory services in energy efficiency and decarbonization.
Cash Flow Snapshot
The company's cash flow generation remains a key metric, showing substantial operational cash flows.| Metric | For the Period Ended 31.03.2026 | For the Period Ended 31.03.2025 |
|---|---|---|
| Net cash inflow from operating activities (A) | (1,579.32) | 208.10 |
| Net cash used in investing activities (C) | 1,574.04 | 209.53 |
| Net (decrease)/increase in cash and cash equivalents | 1.89 | 1.89 |
Stock Price Movement
PAE Ltd shares settled at ₹22.02 at the close on Monday, climbing 4.96% following the week's trading session. Throughout the day, the stock remained completely flat, locking into a single price point of ₹22.02 for both its intraday low and high.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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