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

05 Jan 2017 Evaluate

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.

Peers
Company Name CMP
Redington 335.35
Adani Enterprises 2590.00
Amrapali Industries 34.25
Maxgrow India 178.70
Rashi Peripheral 801.20
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