Pace Digitek Approves ESOP, Subsidiary Acquisition, and Research Centre

Pace Digitek Ltd's Board of Directors met on June 20, 2026, approving the 'Pace Digitek Employee Stock Option Plan, 2026' (PDL ESOP 2026) for employees and subsidiaries, subject to shareholder approval. The company also approved material related party transactions with Lineage Power, Pace Ecoplanet Solace, and Inso Pace Private Limited. A new research centre will be established in Pune to focus on clean and renewable energy technologies, aligning with 'Atmanirbhar Bharat' and 'Make in India' initiatives. Furthermore, Pace Digitek approved the acquisition of entire equity shareholding of Inso Pace Private Limited, making it a Wholly Owned Subsidiary, and the appointment of Ms. Maya Swaminathan Sinha as an Additional Director. The re-appointment of Sundaram & Srinivasan as Internal Auditors for FY 2026-27 was also approved.