PAE Limited entered a ₹100 crore unsecured, interest-free loan agreement dated 23 March 2026 with promoter-director Mr. Jatinbhai Ramanbhai Patel.
The loan is convertible into equity shares at a later date, with disbursement in tranches via banking channels as mutually agreed.
The transaction qualifies as a related party transaction and is not at arm's length, having received board and shareholder approval.