Pace Digitek Business Update
Pace Digitek's subsidiary, Lineage Power, entered a strategic cooperation agreement with MEGMEET to support AI data center power infrastructure. This expands their existing five-year partnership.
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Pace Digitek's subsidiary, Lineage Power, entered a strategic cooperation agreement with MEGMEET to support AI data center power infrastructure. This expands their existing five-year partnership.
Pace Digitek's subsidiary entered an MOU with Onward Solar and Kalpa Power. The agreement involves supplying Battery Energy Storage Systems (BESS) and related components.
Pace Digitek’s subsidiary Lineage Power completed one year of BESS manufacturing, producing over 260 utility‑scale containers and 1.25 GWh capacity. The milestone underscores its growing energy‑storage capabilities.
Pace Digitek responded to an exchange query clarifying a delay in filing financial results. The delay was attributed to processing time for required documents.
Pace Digitek is expanding its BESS manufacturing capacity to 10 GWh. The project aims to improve supply chain resilience and operational efficiency.
Lineage Power, a subsidiary of Pace Digitek, signed a Master Supply Agreement with Guangzhou Rongjie Energy Technology to receive 3 GWh of LFP battery cells. The deal bolsters the company's BESS manufacturing platform.
Pace Digitek reports FY26 revenue of Rs. 2,641 Cr with 11.4% PAT margin. Transitioning from telecom infra to a major BESS player with integrated manufacturing and BOO models.
Pace Digitek's FY26 results show a 10.1% PAT growth to ₹3,073 Mn, driven by aggressive expansion into BESS and renewable energy infrastructure alongside its core telecom segment.
Pace Digitek reported FY26 revenue of ₹2,641cr (+8.3% YoY) and PAT of ₹307cr (+10.1% YoY). The company is aggressively pivoting to a BESS-led manufacturing model.
Pace Digitek Limited appointed CS Pramod S as Secretarial Auditor for a five-year term. The appointment strengthens the company's corporate governance and compliance framework.
Pace Digitek is aggressively transitioning from a telecom executor to an energy infrastructure/BESS manufacturing powerhouse with a massive ₹11,338cr order book.
Pace Digitek Limited announced postal ballot results, with members approving two related party transactions. Four other resolutions failed to receive the required majority for approval.
Pace Digitek reported FY26 revenue of ₹2,641.3 Crore, up 8.3% YoY. Strong performance was driven by BESS expansion and a robust ₹11,338 Crore order book.
Pace Digitek (544550) delivered robust FY26 performance with 8.3% revenue growth, scaling its BESS manufacturing and utility-scale order book.
Pace Digitek Ltd reported revenue from operations of ₹1,097 Cr (+60.5% YoY) and net profit of ₹105.9 Cr (+88.1% YoY) for Q4 FY26.
Pace Digitek reported audited standalone and consolidated financial results for the year ended March 31, 2026. The board also appointed Mr. Pramod S as Secretarial Auditor.
Pace Digitek Ltd scheduled a board meeting for May 25, 2026. Directors will consider FY26 audited financial results and a new employee stock option plan.
Pace Digitek secured a ₹264.65 Crore contract from BSNL for Sikkim's Bharatnet network. The three-year project includes design, construction, and maintenance of middle-mile infrastructure.
Pace Digitek secured a ₹709.9 Crore BESS contract from NLC India Renewables. The project includes 250 MW capacity in Tamil Nadu with long-term O&M services.
Pace Digitek secured a ₹709.92 Crore turnkey BESS contract from NLC India Renewables Limited. The project includes 12-year maintenance, providing significant long-term revenue visibility.
Pace Digitek Limited reported utilization of ₹819.15 Crore in gross IPO proceeds for Q4 FY2026. The funds support capital expenditure and general corporate purposes.
Pace Digitek Limited filed its Annual Secretarial Compliance Report for the financial year 2025-2026. The auditor confirmed total compliance with SEBI regulations and statutory requirements.
Pace Digitek secured a ₹701.95 Crore contract from Damodar Valley Corporation for a 250MW BESS project. The award includes EPC services and 12-year maintenance operations.
Pace Digitek Limited has entered into an OEM exclusivity agreement with South Africa-based NEC XON Systems. This partnership grants NEC XON exclusive rights to market and distribute Pace Digitek's Battery Energy Storage Systems (BESS) across South Africa, Botswana, Mozambique, Namibia, and Mauritius, marking a significant step in the company's international expansion strategy.
Pace Digitek Limited signed an exclusive OEM agreement with South Africa's NEC XON Systems. NEC XON gains exclusive rights to market and sell the company's Battery Energy Storage Systems (BESS) across South Africa, Botswana, Mozambique, Namibia, and Mauritius.
Pace Digitek Limited executed an OEM Exclusivity Agreement with NEC XON Systems Proprietary Limited on April 22, 2026. The agreement grants NEC XON exclusive rights to market and sell the company's energy solutions, including Battery Energy Storage Systems, across South Africa, Botswana, Mozambique, Namibia, and Mauritius.
Pace Digitek Limited has issued a Postal Ballot notice to approve material related party transactions totaling ₹9,397.00 Crore for FY 2026-27. Key counterparties include Lineage Power, Pace Ecoplanet, and Lanarsy Infra. The voting period ends on May 23, 2026.
Pace Digitek Limited issued a postal ballot notice seeking shareholder approval for material related party transactions totaling ₹8,397 Crore for FY 2026-27. The transactions involve various subsidiaries and related entities to leverage operational synergies and support green energy projects.
Pace Digitek Limited's board designated Himanshu Goyal and Nishant Raj as Senior Management Personnel. The board also approved the re-appointment of M/s. K. S Kamalakara & Co as Cost Auditors for a 12-month term. These leadership and compliance updates follow the board meeting held on April 22, 2026.
Pace Digitek Limited has designated Himanshu Goyal and Nishant Raj as Senior Management Personnel. Additionally, the company's board approved the re-appointment of M/s. K. S Kamalakara & Co as Cost Auditors for a 12-month term. These leadership and regulatory appointments ensure operational continuity and compliance.