Pace Digitek Approves ESOP, New Subsidiary, and Research Centre

Pace Digitek Ltd announced the outcome of its Board Meeting held on June 20, 2026. The board approved the 'Pace Digitek Employee Stock Option Plan, 2026' (PDL ESOP 2026) and its extension to subsidiary employees, subject to shareholder approval. Key decisions also included approving the acquisition of entire equity shareholding of M/s. Inso Pace Private Limited, making it a Wholly Owned Subsidiary, and the formation of a new WOS. Additionally, the company will establish a Research Centre in Pune focused on clean and renewable energy technologies, aligning with 'Atmanirbhar Bharat' and 'Make in India' initiatives. The board also discussed the expansion of its manufacturing facility and approved the re-appointment of M/s. Sundaram & Srinivasan as Internal Auditors for FY 2026-27. Approval was also given for postal ballots to transact material related party transactions with Lineage Power, Pace Ecoplanet Solace, and Inso Pace Private Limited.