Pace Digitek has scheduled its 19th Annual General Meeting for September 21, 2026, to transact ordinary and special business. The meeting will be held via video conferencing at 11:30 am. The company also released its Annual Report for FY26 on August 27, 2026.

The company dispatched the notice and integrated annual report to shareholders with registered email addresses on August 27, 2026. A letter containing web-links and QR codes for accessing the report was sent to members without registered emails. The documents are also available on the company website and stock exchange portals.

The agenda includes the reappointment of Chairman and Managing Director Venugopalrao Maddisetty, who retires by rotation. Shareholders will also approve the appointment of Maya Swaminathan Sinha as a Women Independent Director for a five-year term commencing June 20, 2026.

Corporate Governance Changes

Ms. Sinha, a retired Indian Revenue Service officer, brings over 28 years of experience in public administration and corporate governance. She currently serves on the boards of Ceinsys Tech Limited, Swan Defence and Heavy Industries Limited, and Vishnusurya Projects and Infra Limited.

The company also seeks approval for the remuneration of Ms. Lahari Maddisetty, daughter of the CMD, who holds an office of profit in material subsidiary Lineage Power Private Limited. Her annual remuneration is capped at ₹50 lakh.

Financial Approvals

A significant portion of the special business involves related-party transactions under Section 185 of the Companies Act, 2013. The board seeks shareholder consent to provide loans, guarantees, or security to three entities in which directors have an interest.

These approvals are specific mandates under Section 185, distinct from the broader Section 186 limits approved by shareholders in October 2024. The funds are intended for the principal business activities of these subsidiaries.

Other Resolutions

The meeting will also ratify the remuneration of M/s Kamalakara & Co. as Cost Auditors for FY27, fixed at ₹2 lakh plus taxes. Additionally, CS Pramod S will be appointed as Secretarial Auditor for five years, from FY27 to FY31.

E-Voting Details

E-voting begins on September 18, 2026, with a cut-off date of September 14, 2026. Remote e-voting will commence at 9:00 am on September 18, 2026, and end at 5:00 pm on September 20, 2026. Members whose names appear in the register as on the cut-off date are entitled to vote. Votes cast remotely cannot be changed subsequently.

Pace Digitek Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the stock exchanges.

The filing details the company's consolidated operations across telecom infrastructure and energy solutions, which together account for the entirety of its turnover.

Business Segments

The company's revenue is split between two primary verticals:

Telecom infrastructure involves manufacturing power systems and providing EPC services, while energy solutions focus on lithium-ion batteries and storage systems.

Financial Scale

As per the CSR disclosures within the report, the entity reported a turnover of ₹26,413 million and a net worth of ₹22,522 million for the period.

Operational Metrics

Pace Digitek operates three plants and 30 offices nationally, with two international offices. The workforce comprises 2,733 employees as of the end of FY26.

What the Numbers Show

The turnover rate for permanent employees stood at 21.6% in FY26, indicating significant churn within the core workforce relative to the total headcount.

ESG Compliance

The report notes penalties totaling approximately ₹53.27 lakh paid to the Registrar of Companies regarding non-compliance with Section 135(5) of the Companies Act, 2013. No appeals were preferred against these adjudication proceedings.