PAE Ltd

📊 PAE Ltd Announces Dividend, Bonus Issue & Strategic Shift Amid Auditor Concerns

- Recommended final dividend of ₹0.20 per equity share (face value ₹10).

- Bonus issue of shares recommended in 6:1 ratio for public shareholders (excluding promoters).

- Business shift approved: Moving from automobile focus to agriculture commodities, ethanol production, and renewable energy.

- Auditor issued disclaimer of opinion due to insufficient audit evidence.

- Key concerns: ₹2.53 crore rice trading revenue unverified, ₹5.39 crore quasi-equity write-off, lack of bank balance confirmations.

- Free reserves of ₹33.14 lakhs reported available for bonus issue.

- Record date for dividend: May 11, 2026.

- Record date for bonus shares: May 25, 2026 (public shareholders only).