PAE Limited has secured trading approval from BSE Limited for 10,00,000 equity shares of ₹10 each, marking a significant milestone in the company's corporate restructuring process. The approval, granted through BSE's letter DCS/AMAL/TS/3991/2025-26 dated January 6, 2026, enables trading of these securities effective January 7, 2026.

Share Allocation Details

The equity shares have been allocated under a structured framework approved by the Hon'ble NCLT Mumbai Bench. The allocation encompasses shares distributed to promoters on preferential basis and to existing public shareholders through reduction of share capital on proportionate basis, all in accordance with the resolution plan approved on November 27, 2024.

Regulatory Compliance Framework

The company has fulfilled disclosure requirements under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as amended, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The regulatory framework ensures transparency in the share allocation and trading process.

Trading Impact and Market Access

Upon receipt of trading approval, the 10,00,000 equity shares will be admitted to trading on BSE. Market participants of the exchange are now authorized to trade in these securities, providing liquidity and market access for both promoters and existing shareholders. BSE has issued Exchange Notice No. 20260105-32 dated January 5, 2026, informing market participants about the trading authorization.

Corporate Structure

PAE Limited operates with its registered office at Level 1, Block A, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai - 400018, and corporate office at A 1115, Titanium Business Park, Makarba, Ahmedabad - 380051, Gujarat. The company holds CIN: L99999MH1950PLC008152 and trades under scrip code 517230 with ISIN: INE766A01026.

The trading approval represents the culmination of the corporate restructuring process initiated under the NCLT-approved resolution plan, providing enhanced market access and liquidity for the company's equity shares on BSE platform.

French beauty brand Yves Rocher has announced its entry into the Indian market through a strategic partnership with Nykaa, the beauty and personal care platform operated by FSN E-Commerce Ventures.

Strategic Market Entry

The collaboration marks Yves Rocher's expansion into India's growing beauty and personal care market. The French brand will leverage Nykaa's established e-commerce platform and extensive customer base to introduce its products to Indian consumers.

Partnership Details

Through this partnership, Yves Rocher gains access to Nykaa's comprehensive retail ecosystem, which includes both online and offline presence across India. The collaboration is expected to facilitate the brand's market penetration in the competitive Indian beauty segment.

Market Implications

This partnership represents another significant international brand addition to Nykaa's portfolio, further strengthening its position as a leading beauty and personal care retailer in India. The collaboration aligns with the growing demand for international beauty brands among Indian consumers.