PAE: Disclosure Under Regulation 10(5) Of SEBI (SAST) Regulations 2011

This is to inform you that Priyadarshani A. Doshi being a part of Promoter Group of PAE Ltd. (hereinafter referred to as the Company) intend to acquire 27 50 000 equity shares (26.39 %) of the Company by way of purchase through Open Market from Pratibha A. Doshi Arvind R. Doshi and Pritam A. Doshi being a part of Promoter Group of PAE Ltd.The above transaction is an inter-se transfer of shares in terms of Regulation 10(1)(a)(ii) of SEBI(SAST) Regulations 2011. Consequent to the above transfer the equity shareholding of Priyadarshani A. Doshi in the Company will increase from 100 shares (0.00 %) to 27 50 100 shares (26.39%).The aggregate shareholding of Promoter and Promoter Group before and after the aforesaid inter-se transfer shall remain same.In this connection the necessary disclosure under Regulation 10(5) for the aforesaid transaction in the prescribed format received from Priyadarshani A. Doshi is enclosed herewith for your kind information and records