Aurique Limited Conducts 76th Annual General Meeting via Video Conference on May 18, 2026
Aurique Limited (formerly known as PAE Limited) held its 76th AGM on May 18, 2026, via VC/OAVM, with 20 shareholders in attendance against a total shareholder base of 4,880 as on the record date of May 11, 2026. Five resolutions were tabled, including adoption of financial statements, dividend declaration for the financial year ended March 31, 2026, re-appointment of a director, amendment to the Memorandum of Association, and issuance of bonus shares. Remote e-voting was open from May 15 to May 17, 2026, with consolidated results to be declared within 2 working days from the AGM's conclusion. The meeting was chaired by Nimeshkumar Ganpatbhai Patel and concluded at 11:30 A.M. IST.
*this image is generated using AI for illustrative purposes only.
Aurique Limited (formerly known as PAE Limited) conducted its 76th Annual General Meeting (AGM) on May 18, 2026, at 11:00 A.M. IST through Video Conference (VC) and Other Audio Visual Means (OAVM), in compliance with Regulations 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was chaired by Nimeshkumar Ganpatbhai Patel, Chairman and Managing Director of the Company. The proceedings were disclosed to BSE Limited pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
Shareholder Attendance
As on the record date of May 11, 2026, the total number of shareholders stood at 4,880. Of these, 20 shareholders attended the meeting through Video Conferencing. The attendance breakdown is presented below:
| Category: | Promoter and Promoter Group | Public | Total |
|---|---|---|---|
| Shareholders present in person or through proxy: | NA | NA | NA |
| Shareholders attended via Video Conferencing: | 3 | 17 | 20 |
| Total: | 3 | 17 | 20 |
The Chairman confirmed that the requisite quorum was present and called the meeting to order. Statutory registers and other relevant documents referred to in the AGM Notice were made available electronically for inspection by members during the meeting.
Board and Key Personnel in Attendance
All directors of the Company attended the AGM via Video Conference. The following individuals were present:
| Role: | Name |
|---|---|
| Chairman and Managing Director: | Nimeshkumar Ganpatbhai Patel |
| Executive Director and Chief Financial Officer: | Pinalkumar Kalidas Patel |
| Non-Executive Director: | Jatinbhai Patel |
| Non-Executive Independent Director: | Mayankkumar Ashokbhai Sedani |
| Independent Director, Chairperson – Audit Committee: | Bhargavi Dilipbhai Gupta |
| Independent Director, Chairman – NRC & SRC: | Akash Patel |
| Company Secretary & Compliance Officer: | CS Sarah Kantharia |
| Statutory Auditor Representative (M/s. J.M. Patel & Bros., CA): | Mr. Jaswantbhai M Patel |
| Secretarial Auditor & Scrutinizer (M/s. Kamlesh Shah & Co., CS): | Mr. Kamlesh Mahendrabhai Shah |
Resolutions Considered at the AGM
The Company Secretary informed members that five resolutions were proposed for consideration at the 76th AGM. The standalone financial statements for the financial year ended March 31, 2026 were taken as read, and qualifications noted in the Statutory and Secretarial Auditor reports were addressed by the Management. The resolutions, if passed, are effective from May 18, 2026.
| No.: | Resolution | Type |
|---|---|---|
| Ordinary Business | ||
| 1: | Adoption of financial statements | Ordinary |
| 2: | Declaration of dividend on equity shares for the financial year ended March 31, 2026 | Ordinary |
| 3: | Re-appointment of Mr. Jatinbhai Patel (DIN: 06973337), retiring by rotation | Ordinary |
| Special Business | ||
| 4: | Approval of change in Object Clause and amendment to Clause III of the Memorandum of Association | Special |
| 5: | Issuance of bonus shares | Ordinary |
E-Voting Process and Scrutinizer
The Company provided a remote e-voting facility to members for all resolutions set forth in the AGM Notice. Remote e-voting commenced at 09:00 A.M. IST on Friday, May 15, 2026, and concluded at 05:00 P.M. IST on Sunday, May 17, 2026. Members who had not cast their votes during the remote e-voting window were provided an additional 15-minute e-voting facility after the conclusion of the meeting.
Mr. Kamlesh Mahendrabhai Shah, Practicing Company Secretary, was appointed as Scrutinizer to oversee the entire e-voting process. The consolidated voting results, along with the Scrutinizer's Report, are to be declared within 2 working days from the conclusion of the AGM and will be made available on the websites of the Company, BSE Limited, and MUFG Intime (India) Private Limited. The meeting concluded at 11:30 A.M. IST after the completion of the e-voting window.
How will the approved change in Aurique Limited's Object Clause reshape its core business strategy, and which new sectors or revenue streams is the company likely to pursue following the Memorandum of Association amendment?
What impact will the approved bonus share issuance have on Aurique Limited's stock liquidity, retail investor participation, and share price performance in the near term?
Given that only 20 out of 4,880 shareholders attended the AGM, what measures might Aurique Limited take to improve shareholder engagement and participation in future corporate governance events?
17
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
