Pace Digitek Ltd

Pace Digitek Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI regulations and the company's internal code of conduct. The window will be shut for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter and half-year ended September 30, 2026. The specific date for the board meeting to approve these results will be communicated separately.

Pace Digitek Ltd announced the resignation of Mr. Surajit Khan, Business Head – Projects, a Senior Management Personnel (SMP). His resignation is effective from September 4, 2026, with his last working day scheduled for September 24, 2026. The company cited personal reasons for his departure. Mr. Khan has been with the company since 2018 and expressed gratitude for the opportunities and experience gained during his tenure, particularly during the company's growth phase and listing journey. He will ensure a smooth handover of ongoing projects and responsibilities. The resignation will be noted in the upcoming Board Meeting.

Pace Digitek Limited's material subsidiary, Lineage Power Private Limited (LPPL), has secured a significant order worth ₹4,884.61 million from NTPC GE Power Services Private Limited (NGSL). The order involves the supply, delivery, testing, and supervision of erection and commissioning of 5.015 MWh BESS Containers, including BMS and EMS, along with a 12-year Comprehensive Maintenance Contract (CMC). This award is expected to bolster Pace Digitek's direct BESS supply business and its strategy to build a scaled, integrated energy platform. LPPL is developing as a product-led BESS business, encompassing manufacturing, supply, integration, and lifecycle support. The company has been scaling its BESS manufacturing capacity and plans further expansion. The order is scheduled for completion by December 31, 2026.

Pace Digitek Ltd's material subsidiary, Lineage Power Private Limited, has secured a significant order valued at ₹4,884.61 Million (inclusive of taxes) from NTPC GE Power Services Private Limited (NGSL). The contract involves the supply, delivery, testing, and supervision of erection, testing & commissioning of 5.015 MWh BESS Containers, along with BMS and EMS. This comprehensive order also includes a 12-year Comprehensive Maintenance Contract (CMC). The project is slated for completion by December 31, 2026. This order represents a substantial business win for the subsidiary.

Pace Digitek Ltd has issued a notice for its 19th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM is scheduled to be held on Monday, September 21, 2026, at 11:30 AM IST. The meeting will be conducted entirely through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Key details including links for live webcast, participation, and remote e-voting are provided. The cut-off date for e-voting is September 14, 2026, with e-voting commencing on September 18, 2026, and concluding on September 20, 2026. MUFG Intime India Private Limited is the Registrar and Share Transfer Agent and e-voting service provider.

Pace Digitek Ltd announced that its subsidiary, Lineage Power Private Limited, has received a Letter of Award from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS) with a 100 MWh capacity. The order is valued at ₹92.9 crore (approximately $11.1 million USD) and is scheduled for completion by December 31, 2026. This award significantly boosts Pace Digitek's growing BESS business and enhances near-term visibility for its manufacturing operations, which have recently expanded to 5 GWh. The company is strategically scaling its manufacturing capabilities to meet increasing demand for energy storage solutions.

Pace Digitek Ltd has announced the incorporation of its wholly-owned subsidiary (WOS) in India, named "TransgreenX Asset Holdco Private Limited", on August 20, 2026. The company also confirmed the completion of its acquisition of the entire equity shareholding of M/s. Inso Pace Private Limited. Following this acquisition, Inso Pace Private Limited has now become a WOS of Pace Digitek. The WOS is intended to function as an asset-holding and project development company in the renewable energy sector, focusing on identification, acquisition, development, and management of energy and infrastructure projects. The acquisition was approved by the Board of Directors on June 20, 2026, and the incorporation of the WOS was also approved on the same date. The consideration for the acquisition of Inso Pace Private Limited was cash, involving the subscription of 10,000 equity shares of face value Rs. 10 each.

Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has received a Letter of Award from Kalpa Power Private Limited (KPPL) for the supply and commissioning support of a Battery Energy Storage System (BESS) with a 100 MWh capacity. The total value of the order, including GST, is ₹929.25 Million. The project is slated for completion by December 31, 2026. This significant order underscores the company's involvement in the renewable energy infrastructure sector.

Pace Digitek Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with the Limited Review Report from the statutory auditors, S S Kothari Mehta & Co. LLP. The auditors provided an unmodified opinion on the financial statements. The results are available on the company's website.

Pace Digitek Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. The report, in accordance with SEBI regulations, details the utilization of gross proceeds from the company's Initial Public Offer (IPO). The IPO, which occurred between September 25-30, 2025, raised ₹8,191.48 million in gross proceeds. The report confirms that the utilization of these funds is in line with the objects disclosed in the Offer Document. Crisil Ratings Limited has confirmed no deviation from the IPO's stated objectives.