Pace Digitek board to meet on May 25 to consider FY26 results

pace digitek Limited has scheduled a meeting of its Board of Directors for Monday, May 25, 2026. The meeting will be held to consider and approve the standalone and consolidated audited financial statements of the company for the financial year ended March 31, 2026.

In addition to the financial results, the board will deliberate on the Pace Digitek Limited Employee Stock Option Plan (PDL ESOP 2026). The approval is sought in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, for the issuance of stock options to the employees of the company and its subsidiaries.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's code of conduct, the trading window for dealing in the securities of the company has been closed. This closure affects all promoters, members of the promoter group, directors, key managerial personnel, designated persons, connected persons, and their immediate relatives.

The trading window closed effective April 01, 2026. It is scheduled to reopen 48 hours after the declaration of the standalone and consolidated audited financial statements for the financial year ended March 31, 2026.

Key Meeting Details

Agenda Item	Description
Financial Results	Consider and approve Standalone and Consolidated Audited Financial Statements for FY ended March 31, 2026
ESOP Approval	Approve Pace Digitek Limited Employee Stock Option Plan (PDL ESOP 2026)

The outcome of the board meeting will be disseminated to the stock exchanges after the conclusion of the meeting, in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.74%	-4.73%	+1.71%	-17.38%	-17.64%	-17.64%

Pace Digitek Limited has secured a significant contract from NLC India Renewables Limited (NIRL) for the implementation of a Battery Energy Storage System (BESS) project. The contract, valued at Rs. 7,099.19 Million (including GST), was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding this development was submitted to the stock exchanges on May 16, 2026.

Contract Overview

The awarded contract encompasses the Design, Engineering, Supply (excluding supply of Power Transformers), Manufacturing, Forwarding, Unloading, Storage at site, Erection, Testing & Commissioning on a turnkey basis. The project involves a cumulative capacity of 250 MW / 500 MWh Battery Energy Storage System (BESS). Additionally, the scope includes comprehensive Operation & Maintenance services for a period of 12 years from the Commercial Operation Declaration (COD). The project sites are located at Ottapidaram SS, Annupankulam SS, and Kayathar SS in Tamil Nadu.

The following table summarises the key details of the awarded contract:

Parameter:	Details
Awarding Entity:	NLC India Renewables Limited (NIRL)
Contract Value:	Rs. 7,099.19 Million (including GST)
Project Capacity:	250 MW / 500 MWh Battery Energy Storage System (BESS)
Project Locations:	Ottapidaram SS, Annupankulam SS and Kayathar SS, Tamil Nadu
Nature of Contract:	Turnkey EPC — Design, Engineering, Supply, Manufacturing, Erection, Testing & Commissioning
O&M Period:	12 years from COD (Commercial Operation Declaration)
Execution Timeline:	12 months from the date of Letter of Award
Domestic/International:	Domestic Entity
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Execution Timeline and Scope

The time schedule for the completion of the Commercial Operation Declaration (COD) for the entire capacity is set at 12 months from the date of the Letter of Award. Following the commissioning, the company will provide comprehensive Operation & Maintenance of the BESS System for a period of 12 years, effectively covering the BESS Service Life. The project is classified as a domestic order, and the company confirmed that neither the promoter, promoter group, nor group companies hold any interest in the awarding entity, NIRL.

Regulatory Disclosure

The intimation was submitted by Meghana M P, Company Secretary and Compliance Officer of Pace Digitek Limited. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that the contract does not fall within the purview of related party transactions.