Pace Digitek Limited has initiated a postal ballot process to seek shareholder approval for material related party transactions (RPTs) aggregating ₹5,595 crore with its subsidiaries for FY 2026-27. The resolutions also seek approval for the Pace Digitek Employee Stock Option Plan 2026 (PDL ESOP 2026), covering 20,00,000 options. The remote e-voting period commences on June 23, 2026, and concludes on July 22, 2026.

The Board has identified three material subsidiaries for these transactions: Lineage Power Private Limited, Pace Ecoplanet Solace Private Limited, and Inso Pace Private Limited. The proposed transaction limits are ₹3,650 crore with Lineage Power, ₹1,035 crore with Pace Ecoplanet Solace, and ₹910 crore with Inso Pace. These limits are enabling approvals intended to provide operational flexibility for executing projects, including those awarded by MAHAGENCO and KPTCL, and to support the company’s backward integration strategy in manufacturing Battery Energy Storage Systems (BESS).

Related Party Transaction Details

The Audit Committee and Board of Directors have reviewed and recommended these transactions, affirming they are in the ordinary course of business and at arm’s length. The company has enhanced disclosures following a previous postal ballot in April 2026 where similar resolutions did not receive the requisite majority.

PDL ESOP 2026

The PDL ESOP 2026 proposes to grant up to 20,00,000 options to eligible employees of the company and its subsidiaries. Options will vest between one and four years from the date of grant, with a maximum exercise period of four years. The scheme will be administered directly by the company through the fresh issue of equity shares with a face value of ₹2 each. The Nomination and Remuneration Committee will determine the exercise price, which will not be less than the face value.

Voting Schedule

M/s. MUFG Intime India Private Limited has been appointed as the Registrar and Transfer Agent to facilitate the remote e-voting process. Shareholders can cast their votes through the e-voting link provided on the company’s website and the websites of BSE and NSE.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0S3G01027/a38ef931-da87-434d-a92a-f744a6a2273a.pdf

Pace Digitek Limited will facilitate a plant visit for investors and analysts on June 23, 2026, at Lineage Power Private Limited in Bangalore. The interaction is scheduled to begin at 10:00 A.M. onwards and will be conducted on a group basis. This initiative aims to provide stakeholders with an opportunity to review the company's operations firsthand.

The event will take place at the premises of Lineage Power Private Limited, located at 73-P, Bidadi Industrial Area, 2nd Phase, Sector-2, Bidadi Hobli, Ramanagar Taluk, Bangalore-562109. The company has clarified that the schedule remains subject to change due to exigencies on the part of the investors, analysts, or the company.

Pace Digitek stated that only information already available in the public domain will be shared or discussed during the meeting. The company explicitly confirmed that no unpublished price sensitive information will be disclosed during the interaction.

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Meghana M P, Company Secretary and Compliance Officer.