Deals23 Feb 2026, 07:01 pm
Pace Digitek Subsidiary Receives $18.7 Million Purchase Order from Reliance Industries
AI Summary
Pace Digitek Ltd announced that its material subsidiary, Lineage Power Private Limited, has received a purchase order worth INR 1,587.10 million (approximately USD 18.7 million) from Reliance Industries Limited. The order is for the supply of Battery Packs of Li-ion 48V 15S1P 314 AH and is to be completed by August 31, 2026.
Key Highlights
- Pace Digitek's subsidiary, Lineage Power Private Limited, secures a significant purchase order from Reliance Industries Limited.
- The order is for the supply of Battery Packs of Li-ion 48V 15S1P 314 AH, with a total worth of INR 1,587.10 million (approximately USD 18.7 million).
- The delivery is to be completed by August 31, 2026.
- This deal signifies a positive business update for Pace Digitek Ltd.
- The transaction does not involve any related parties.