PAE Limited Publishes Newspaper Advertisement for Registered Office Change Under SEBI Regulations

PAE Limited has fulfilled its regulatory compliance obligations by submitting newspaper advertisement clippings to BSE Limited regarding the proposed change in its registered office location. The submission was made in accordance with Regulations 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015.

Regulatory Compliance Details

The company published the required advertisements in two newspapers on March 28, 2026:

Publication Details:	Information
English Newspaper:	Active Times
Regional Language:	Mumbai Lakshdeep (Marathi)
Publication Date:	March 28, 2026
Regulatory Framework:	SEBI (LODR) Regulations 30 and 47

Proposed Office Relocation

The newspaper advertisements relate to PAE Limited's proposal to change its registered office from Mumbai, Maharashtra to Ahmedabad, Gujarat. This change was approved through a special resolution passed at the company's Annual General Meeting held on March 07, 2026.

Current and Proposed Addresses:

Office Type:	Address Details
Current Registered Office:	Level 1, Block A, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai-400018, Maharashtra
Current Corporate Office:	A-1115 Titanium Business Park, Nr Makarba Railway Crossing, Jivraj Park, Ahmedabad-380051, Gujarat
Proposed New Location:	Ahmedabad, Gujarat

Legal Framework and Process

The company has filed an application under Section 13 of the Companies Act, 2013 with the Central Government (Regional Director, Western Region I, Mumbai) seeking confirmation for the alteration of its Memorandum of Association. The legal notice provides a 14-day window from the publication date for any interested parties to submit objections.

Loan Agreement Details

The comprehensive loan structure provides flexibility for both the company and the lender:

Parameter:	Details
Loan Amount:	Rs 100,00,00,000.00 (Rupees One Hundred Crores)
Nature:	Unsecured convertible loan
Lender:	Mr. Jatinbhai Ramanbhai Patel (Non-Executive Director)
Conversion Feature:	Convertible into equity shares at a later date
Disbursement:	One or more tranches as mutually agreed
Interest Rate:	Interest-free loan

Regulatory Approvals and Governance

The loan agreement received proper corporate approvals through established governance channels. The board of directors approved the arrangement in their meeting held on February 6, 2026, followed by shareholder approval in the Annual General Meeting conducted on March 7, 2026.

Lender's Current Shareholding

Jatinbhai Ramanbhai Patel currently maintains a significant stake in PAE Limited:

Shareholding Details:	Information
Number of Shares:	50,000 shares
Face Value:	Re. 10/- each
Total Value:	Rs 5.00 lakh
Ownership Percentage:	5.00% of equity share capital
Status:	Promoter and Director

Related Party Transaction Classification

The company has transparently disclosed that this transaction falls within the purview of related party transactions as per SEBI regulations. Specifically, the arrangement qualifies under the proviso to Regulation 2(1)(zc) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has acknowledged that the transaction is not conducted at arm's length due to its interest-free nature.

Strategic Implications

The convertible loan structure provides PAE Limited with immediate access to substantial funding while offering future equity conversion options. The interest-free nature of the loan demonstrates the promoter's confidence in the company's prospects and commitment to supporting its growth initiatives. The funds will be disbursed through banking channels into the company's designated bank account as and when required, providing operational flexibility for the management.