PAE has received an approval for the investment plan of PAP Renewables, a wholly subsidiary of the company to form its wholly owned subsidiary in Singapore. The company has received an approval at the board meeting held on June 18, 2011.
Recently, PAE had incorporated its new subsidiary PAE Infrastructure. The company would be bidding, undertaking and executing projects of all kinds related to bringing up of infrastructure and includes activities related to buying, owing, leasing, of properties across all parts of the country.
PAE is currently engaged in marketing and distribution of automotive and motorcycle batteries, automotive parts, inverter and inverter batteries, power back-up devices and systems. Further, PAE also markets and installs solar products tailored for the Indian market manufactured by its subsidiary SEPL.
Company Name | CMP |
---|---|
Adani Enterprises | 3115.75 |
Redington | 212.30 |
Amrapali Industries | 14.95 |
Rashi Peripheral | 329.05 |
Compuage Infocom | 4.15 |
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