Pace Digitek Limited has announced that its material subsidiary, Lineage Power Private Limited, has been awarded a significant contract worth ₹94.35 crores from Bharat Sanchar Nigam Limited (BSNL). The contract, formalized through Advance Purchase Order No. MMP/SE/007/LI-ION BTY/2025-26, represents a major business win for the telecom equipment company.

Contract Specifications

The comprehensive contract encompasses three key components for BSNL's telecommunications infrastructure requirements. The order includes supply and maintenance of advanced battery systems with associated equipment and long-term service commitments.

Execution Timeline and Scope

The contract requires completion within five months from the purchase order receipt date. The scope includes supplying 25,000 quantities of Basic 100 AH/48V Li-ion Battery Modules with Battery Management Systems (BMS) and associated accessories. Additionally, 2,500 quantities of IP55 racks designed to house eight 48V/100AH modules with related accessories are part of the deliverables.

Service Commitment

A significant component of this contract is the five-year Annual Maintenance Contract (AMC) that will commence after the completion of the five-year warranty period. This AMC covers all 25,000 Li-ion battery modules with BMS and associated accessories, ensuring long-term service revenue for Lineage Power Private Limited.

Business Impact

This domestic contract award strengthens Pace Digitek's position in the telecommunications infrastructure sector through its subsidiary operations. The deal with BSNL, India's state-owned telecommunications company, validates the technical capabilities and market presence of Lineage Power Private Limited in the battery systems segment. The contract structure, combining immediate supply requirements with long-term maintenance commitments, provides both immediate revenue recognition and future service income streams.

RailTel Corporation of India has disclosed receiving a GST penalty notice of ₹49.24 lakhs from tax authorities, as per its regulatory filing dated January 15, 2026. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Details

The telecommunications company received the demand notice from the Assistant Commissioner, CGST & CX, Itanagar Division. The following table summarizes the key details of the penalty:

Company's Response and Impact Assessment

RailTel has assessed the financial and operational impact of this penalty notice. The company stated in its disclosure that there is no material impact on its financial, operational, or other activities due to the mentioned order.

The company emphasized that these orders are challengeable and indicated that necessary appeals have been filed or are being filed with the appropriate jurisdictional appellate authorities. This suggests RailTel intends to contest the penalty through proper legal channels.

Regulatory Compliance

The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed by J.S. Marwah, Company Secretary and Compliance Officer, with membership number FCS 8075.

RailTel, a government enterprise under the Ministry of Railways, maintains its registered and corporate office at Plate-A, 6th Floor, Office Block, Tower-2, East Kidwai Nagar, New Delhi. The company continues to operate its telecommunications services while addressing this regulatory matter through appropriate legal procedures.