|
| Exchange Disseminated Time | PAE Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2014, inter alia, has :
1. appointed Dr. Mrs. Pratibha A. Doshi as Non- Executive Director on the Board of the Company;
2. decided not to raise funds through further issue of shares by Rights Issue or by issuing convertible or non-convertible debentures;
3. decided to redeem the existing 11% Non-Convertible, Cumulative Redeemable Preference shares by giving 21 days notice;
4. to issue 11% Optionally Convertible, Cumulative Redeemable Preference Shares subject to approval of Shareholders at the Annual General Meeting. |
|
|