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PAE Allots of Preference Shares

30 Dec 2013 Evaluate

PAE has informed that pursuant to approval of Members of the Company at 63rd Annual General Meeting, the Board of Directors of the Company vide its Circular Resolution passed on December 28, 2013 has allotted unlisted 50,00,000, 11% Non-Convertible, Cumulative, Redeemable Preference shares of Rs. 10/- each at par to the Promoters of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers