PAEL

Pae Limited has informed the Exchange that Mrs. Smitha Singh, Company Secretary as well as Compliance Officer have resigned from the services of the Company w.e.f. 04.03.2008.

Pae Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2008) that "With reference to the qualification in the Auditor's Report for the year ended 31st March, 2007, the company has provided for Rs. 476.28 lacs (cumulative Rs. 592.89 lacs) based on the orders passed by the settlement Commision and the same has been adjusted against Securities Premium Reserve Account in terms of the High court Order dated 1st September 2006".

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the Un-Audited Financial Results for the quarter ended September 30, 2007 and found the same to be in order subject to certain observations. The auditor's observation are "The result are subject to adjustment arising on account of quantification of Income Tax Liability for the Assessment Years 1993-94, 1994-95 and 1996-97 pending before the relevant authorities which will be charged to Securities Premium Account in terms of Court Order dated September 01, 2006. This , therefore will not have impact on

Pae Limited has informed the Exchange that: "the Board of Directors at its meeting held on 29th October, 2007 has co-opted Dr. Rajendra Nath Mehrotra as an additional Director of the Company w.e.f. 29.10.2007."

Pae Limited has informed the Exchange vide notes to Unaudited Financial Results for the quarter and Half Year ended September 30, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on October 29, 2007) that with reference to the qualification in the Auditor's Report for the year ended March 31, 2007, the company has already accounted for income tax liability of Rs. 116.61 lacs for earlier years which has been adjusted against the Securities Premium Reserve Account in accordance with the High Court Order dated September 1, 2006. Liability if any which may ari

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). <a href=/content/corporate/PAE_LR.zip target=NEW> For more details click here.</a>

Pae Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on July 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/PaeLtd_AGM_17082007.zip target=NEW> For more details click here.</a>

Pae Limited has informed the Exchange that : "With reference to qualification in the Auditor's Report for the year ended March 31, 2007 regarding uncertainty in tax liability arising out of proceeding before relevant tax authorities, management is of the opinion that if any liability arises in the future the same will be adjusted against securities premium reserve account as per the court order and it will not have any impact on the profits".

Pae Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company will remain closed from July 20, 2007 to July 30, 2007 for the purpose of Annual General Meeting and payment of final dividend . The Annual General Meeting of the Members of the Company will be held on July 30, 2007.

Pae Limited has submitted to the Exchange a statement giving particulars as under Clause 20 (b) of the Listing Agreement for the year ended March 31, 2007. The details of the statement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/PAE_Clause20b.zip target=NEW> For more details click here.</a>

Pae Limited has informed the Exchange that at the Meeting of Board of Directors of the Company held on May 30, 2007, the Board has recommended final dividend of 10% on the equity shares of the Company for the year ended March 31, 2007 subject to the approval of shareholders at the Annual General Meeting.

Pae Limited has informed the Exchange that "Mrs. Sandhya Sati, Company Secretary and Compliance Officer has resigned from the services of the Company w.e.f. 03.05.2007. We would further like to inform that Ms. Smitha Singh has joined our office as Company Secretary and Compliance Officer w.e.f. 09.05.2007."

Pae Limited has informed the Exchange that the Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2006. A details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/PaeLtd_LR_08032007.zip target=NEW> For more details click here.</a>

Pae Limited has informed the Exchange that "we have shifted our Registered & Corporate Office at 69, Tardeo Road, Mumbai 400034 with effect from 22nd February 2007".

Pae Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on December 26, 2006. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/pae_mins_AGM_220107.zip target=NEW> For more details click here.</a>

Arvind R Doshi has informed the Exchange that he propose to acquire 2475116 equity shares aggregating to 26% of the shares/voting rights of PAE Ltd. The mode of proposed acquisition is by way of interse transfer and the date of proposed acquisition is January 25, 2007. The proposed acquisition price per share is Rs. 15.41 per share (As per SEBI regulation for inter se transfer under Regulation 3 (1) (e) (iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The shareholding of Arvind R Doshi after the proposed acquisition is 2476491 shares aggregating to 26.01% of t

Pratibha A Doshi has informed the Exchange that she propose to acquire 1237556 equity shares aggregating to 13% of the shares/voting rights of PAE Ltd. The mode of proposed acquisition is by way of interse transfer and the date of proposed acquisition is January 25, 2007. The proposed acquisition price per share isRs. 15.41 per share (As per SEBI regulation for inter se transfer under Regulation 3 (1) (e) (iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The shareholding of Pratibha A Doshi after the proposed acquisition is 1242156 shares aggregating to 13.05%

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2006. The details of the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).<a href=/content/corporate/Pae_LR_141206.zip target=NEW> For more details click here.</a>

Pae Limited has informed the Exchange that the Board of Directors at their meeting held on November 09, 2006 has decided to hold its 56th Annual General Meeting on December 26, 2006 and has fixed its Book Closure date from December 16, 2006 to December 26, 2006 (both days inclusive) for the purpose of Annual General Meeting.

Pae Limited has informed the Exchange that the Company has been granted an extension for holding Annual General Meeting for 2006 till December 30, 2006 by Registrar of Companies vide their letter dated August 29, 2006.

Pae Limited has informed the Exchange that High Court, Bombay has approved Company's petition no. 488 of 2006 in the matter of sections 78, 100 to 105 of the Companies Act, 1956 with regard to approval of the reduction of share premium reserve account. The copy of the order passed on September 01, 2006 along with addendum dated September 28, 2006 received on September 18, 2006 and October 13, 2006.

Pae Limited has informed the Exchange that that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2006. The details of the limited review shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the quarter ended on March 31, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Pae Limited has informed the Exchange that the Board of Directors at its meeting held on April 29,2006, has appointed Shri Pritam A. Doshi, Director as Executive Director of the Company with effect from May 03,2006.

Pae Limited has informed the Exchange that Mrs. Sandhya Sati has been appointed as Company Secretary w.e.f. May 02,2006 and will also act as Compliance Officer.

Pae Limited has informed the Exchange that Ms. Sunita Agarwal Company Secretary as well as Compliance Officer has resigned from the services of the Company w.e.f April 05, 2006.

Pae Limited has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2005 and found the same to be in order subject to certain observations. The auditor's observations are: The results are subject to adjustments arising in respect of Logo Deposit, Obsolete stocks and aged Book Debts and liability, if any, arising out of matters pending before the settlement commission in respect of which the Board has approved a proposal for reduction in Share Premium Account.

Pae Limited has submitted to the Exchange a copy of the Notice of the EGM scheduled to be held on February 27, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Members of the Exchange are hereby informed that the name of Premier Auto Electric Ltd shall be changed to PAE Limited and the trading symbol of the company be changed from PREMAUTOEL to PAEL w.e.f. November 23, 2005.

Premier Auto Electric Ltd has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on July 30, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Laadki Trading and Investments Ltd. (pledgee) has informed the Exchange that a pledge of 712,672 shares aggregating to 7.49% of the total paid up capital of Premier Auto Electric Ltd. (PAE) has been created on June 17, 2005. The mode of creation of pledge is by way of pledge agreement and the shareholding of Laadki Trading and Investments Ltd. after the said pledge is 3,712,672 shares aggregating to 39.00% of the total paid up capital of Premier Auto Electric Ltd. (PAE).

Laadki Trading and Investments Limited had informed the Exchange about the creation of pledge in their favour by Premier Automobiles Ltd., over 37,12,672 equity shares of PAE Ltd. Laadki Trading and Investments Limited has now informed that they had released the said pledge over 37,12,672 equity shares of PAE Ltd. in favour of the pledgor Premier Automobiles Ltd.

Premier Auto Electric Ltd has informed the Exchange that the Register of members and Share Transfer Books of the company will remain closed for the purpose of AGM fom July 20, 2005 to July 30, 2005. The AGM of the Members od Company will be held on July 30, 2005.

Premier Auto Electric Ltd has informed the Exchange that a pledge of 3,000,000 shares aggregating to 31.51% of the total paid up capital of Premier Auto Electric Ltd. (PAE) has been created on June 14, 2005 with Laadki Trading and Investments Ltd. The mode of creation of pledge is by way of pledge agreement.

Laadki Trading and Investments Ltd. (pledgee) has informed the Exchange that a pledge of 3,000,000 shares aggregating to 31.51% of the total paid up capital of Premier Auto Electric Ltd. (PAE) has been created on June 14, 2005. The mode of creation of pledge is by way of pledge agreement.

Premier Auto Electric Ltd has informed the Exchange that Mr. Jaykumar K Patil,Director of the Company has expired on December 23,2004 due to illness.

Premier Auto Electric Ltd has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended on September 30, 2004 and found the same to be in order subject to certain observations. The auditor's observations are: The Management has informed that no provision is considered necessary on account of permanent diminution in the value of its long term investments as required by Accounting Standard - 13 "Accounting for Investments".