PAE inks pact with Bhuvan K. Ajmera to sell entire stake in PAE Renewables

PAE has entered into share purchase agreement on December 29, 2016 with Bhuvan K. Ajmera for sale of 100% holding of its Subsidiary Company namely PAE Renewables, consisting of 93,85,000 equity shares.

PAE is a marketing and distribution company in Lead Storage Batteries, Power Backup Systems, Automotive parts and Solar Photovoltaic Products.