A Journey of Resilience, Resolution, and Revival
Reviving value, restoring trust, and delivering sustainable performance through strong governance, operational excellence, and stakeholder-centric growth.
Read MorePAE Limited, a company listed on BSE Limited, has traversed a significant transformational journey marked by resilience, responsible resolution, and renewed purpose. Established as a recognized name in its industry, the Company encountered financial and operational challenges over time, leading to stress on its business and capital structure.
In light of these circumstances, Corporate Insolvency Resolution Process (CIRP) was initiated under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). The Hon’ble National Company Law Tribunal (NCLT) admitted the application for CIRP.
During the CIRP period, the resolution process was conducted in a transparent and compliant manner under the supervision of the Committee of Creditors (CoC). After due evaluation of various proposals, the Resolution Plan submitted by Mr. Jatinbhai Ramanbhai Patel emerged as the most viable and sustainable plan for revival.
Under the stewardship of the new management, PAE Limited is now strategically positioned to rebuild its operational strength, restore financial discipline, and pursue sustainable growth. With renewed governance structures, strengthened compliance mechanisms, and a clear business roadmap, the Company is committed to creating long-term value for shareholders, employees, creditors, and all stakeholders.
PAE Limited’s successful revival under the IBC stands as a testament to the robustness of India’s insolvency framework and exemplifies how timely intervention, creditor cooperation, and visionary leadership can revive a listed enterprise and set it on a path of renewed growth and stability.
Under the stewardship of the new management, PAE Limited is now strategically positioned to rebuild its operational strength, restore financial discipline, and pursue sustainable growth. With renewed governance structures, strengthened compliance mechanisms, and a clear business roadmap, the Company is committed to creating long-term value for shareholders, employees, creditors, and all stakeholders.