PAE Ltd Approves Recommended Bonus Issue of Equity Shares
PAE Ltd announced on April 23, 2026, that its Board of Directors has approved the recommended issue of bonus equity shares. The measure is set to be issued to public shareholders (excluding the Promoter and Promoter Group) to bolster the company's public shareholding structure.During the Board Meeting held on Thursday, April 23, 2026, the company sanctioned the issuance of bonus equity shares in a ratio of 6:1. This means that public shareholders will receive 6 new fully paid-up equity shares of Rs. 10 each for every 1 existing fully paid-up equity share they hold.
Financial Details and Capital Structure
The bonus issue will be funded through the capitalization of free reserves, subject to the final approval of the Company's Members.The company provided a detailed look at the capital structure both before and after the bonus issue:
| Parameter | Pre-Bonus Issue Details | Post-Bonus Issue Details |
|---|---|---|
| Paid-up Share Capital | 10,00,000 equity shares | 13,00,000 equity shares |
| Face Value | Rs. 10 each | Rs. 10 each |
| Aggregate Value | Rs. 1,00,00,000/- | Rs. 1,30,00,000/- |
The implementation of the bonus issue requires Rs. 30,00,000, which is sourced from the free reserves. PAE Ltd reported that the available free reserves for capitalization stand at Rs. 33.14 Lakhs as of March 31, 2026.
Record Date and Timeline
The Board has fixed the record date for identifying eligible public shareholders as Monday, May 25, 2026. This date is used to ascertain the eligibility of public shareholders for the issuance of the bonus equity shares.The company estimates that the bonus shares will be credited or dispatched within two months from the Board Meeting date, specifically on or before June 22, 2026.
The issuance details are summarized below:
| Detail | Description |
|---|---|
| Bonus Ratio | 6:1 |
| New Shares Issued | 6 fully paid-up Equity Shares of Rs. 10 each |
| Existing Shares Required | 1 existing fully paid-up Equity Share of Rs. 10 each |
| Record Date | May 25, 2026 |
| Source of Funds | Capitalization of free reserves |
Stock Price Movement
PAE Ltd. shares settled at ₹22.02 on Monday, charting a solid 4.96% increase for the day. Throughout the session, the stock remained completely locked at this ₹22.02 level.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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