Pace Digitek Secures Rs 2,646.5 Mn BSNL Order for Sikkim

1 min read     Updated on 21 May 2026, 06:43 AM
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AI Summary

Pace Digitek Ltd has received a contract worth Rs. 2,646.50 Million from Bharat Sanchar Nigam Limited (BSNL) for the design, supply, construction, installation, upgradation, operation, and maintenance of the BharatNet middle-mile network in the Sikkim Telecom Circle. The project is scheduled for completion within 3 years, bringing the company's total executable order book to over Rs. 110,000 million.

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Pace Digitek Ltd has received a contract aggregating to Rs. 2,646.50 Million (including GST) from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in the Sikkim Telecom Circle. The order encompasses the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network. This strategic development strengthens the company's Telecom & ICT business and expands its digital connectivity infrastructure portfolio. With this addition, the company's total executable order book stands at over Rs. 110,000 million.

Contract Details

The following table outlines the key parameters of the contract awarded to Pace Digitek Ltd:

Parameter Details
Contract Value Rs. 2,646.50 Million (including GST)
Client Bharat Sanchar Nigam Limited (BSNL)
Project BharatNet Middle-Mile Network – Sikkim Telecom Circle
Completion Period Within 3 years (1095 days)

Scope of Work

The contract awarded by BSNL covers a broad and integrated scope of services for the Sikkim Telecom Circle. This comprehensive mandate positions Pace Digitek Ltd as a key partner in strengthening telecommunications connectivity in the state of Sikkim, with BSNL entrusting the company with end-to-end responsibilities across the project lifecycle. The key components of the contract include:

  • Design of the middle-mile network infrastructure
  • Supply of requisite equipment, including optical fibre cable (OFC) and IP-MPLS routers
  • Construction and installation of underground and aerial OFC infrastructure
  • Upgradation of existing infrastructure where applicable
  • Operation and maintenance of the network

Historical Stock Returns for Pace Digitek

1 Day5 Days1 Month6 Months1 Year5 Years
+4.10%+2.37%+10.38%-15.75%-12.72%-12.72%

How might Pace Digitek's successful execution of the Sikkim BharatNet project position it to win additional telecom circle contracts from BSNL across other northeastern states?

Given that this contract represents only ~2.4% of Pace Digitek's total order book of Rs. 110,000 million, what is the company's revenue recognition timeline and how will it impact quarterly earnings over the 3-year execution period?

With BSNL's ongoing network modernization and 4G/5G rollout plans, could this middle-mile infrastructure in Sikkim serve as a foundation for future upgrades, potentially generating additional maintenance and expansion contracts?

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

1 min read     Updated on 20 May 2026, 02:19 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Pace Digitek Limited board meets on May 25, 2026, to consider FY26 audited results and approve ESOP 2026. Trading window closed from April 1, 2026.

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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.

Historical Stock Returns for Pace Digitek

1 Day5 Days1 Month6 Months1 Year5 Years
+4.10%+2.37%+10.38%-15.75%-12.72%-12.72%

How might the size and structure of the PDL ESOP 2026 plan impact existing shareholder dilution and employee retention at Pace Digitek?

What revenue growth or profitability trends could emerge from Pace Digitek's FY2026 audited financials given the company's recent business activities?

How could the approval of the ESOP plan influence Pace Digitek's ability to attract and retain talent in the competitive digitek sector?

More News on Pace Digitek

1 Year Returns:-12.72%