Pace Digitek Limited has announced the resignation of a senior management personnel in a regulatory filing to stock exchanges on April 07, 2026. The company informed BSE and NSE about the departure of Mr. Sunil Jayam, who served as Business Head – Energy.

Resignation Details

The resignation follows proper corporate governance protocols, with Mr. Jayam submitting his resignation via email on March 30, 2026. The company formally accepted the resignation on April 07, 2026, setting his last working day as May 30, 2026.

Notice Period Clarification

The resignation process involved a clarification regarding the notice period. Initially, Mr. Jayam had mentioned June 30, 2026, as his last working day in his original resignation letter. However, he subsequently corrected this in a follow-up communication on April 3, 2026, requesting that his revised last working day be considered as May 30, 2026, in accordance with the standard 60-day notice period.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has indicated that the resignation will be formally noted in the upcoming Board Meeting. As part of the regulatory disclosure, Pace Digitek provided comprehensive details including the reason for departure, which was cited as personal reasons.

Transition Process

In his resignation communication, Mr. Jayam expressed gratitude for the opportunities provided during his tenure and committed to ensuring a smooth transition of responsibilities during the notice period. He indicated willingness to assist in the handover process to facilitate continuity in operations.

The company secretary and compliance officer, Meghana M P, signed the regulatory filing, ensuring proper documentation and compliance with stock exchange requirements.

Pace Digitek Limited has announced the reaffirmation of its credit ratings by Crisil Ratings Limited, with an enhancement in the total bank loan facilities rated. The company informed stock exchanges on April 03, 2026, about receiving the rating agency's press release dated April 02, 2026.

Credit Rating Details

Crisil Ratings has reaffirmed Pace Digitek's credit ratings while significantly enhancing the company's rated bank loan facilities:

The reaffirmation comes after the rating agency's previous assessment issued on December 08, 2025, demonstrating consistency in the company's creditworthiness evaluation.

Bank Facility Breakdown

The enhanced Rs.1400 crore facility comprises various banking arrangements across multiple institutions:

Regulatory Compliance

Pace Digitek has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication to BSE Limited and National Stock Exchange of India Ltd was signed by Company Secretary and Compliance Officer Meghana M P.

Rating Validity and Surveillance

The rating letter from Crisil Ratings remains valid until March 31, 2027. The rating agency maintains continuous surveillance of all assigned ratings and reserves the right to revise ratings based on new information or changing circumstances. Companies not availing proposed facilities within 180 days from the rating letter date require fresh revalidation from Crisil Ratings.

The rating reaffirmation with enhanced facilities suggests maintained financial stability and improved credit capacity for Pace Digitek Limited, formerly known as Pace Digitek Private Limited and Pace Digitek Infra Private Limited.