Pace Digitek has officially incorporated a new wholly-owned subsidiary, marking a significant strategic expansion for the telecom equipment and infrastructure services company. The newly incorporated entity, named Lineage Defence And Aerospace, represents the company's formal entry into the defence and aerospace sector.

Strategic Business Expansion

The incorporation of Lineage Defence And Aerospace demonstrates Pace Digitek's commitment to diversifying its business operations and exploring new market opportunities. This subsidiary structure will allow the company to operate in the defence and aerospace domain while maintaining its core telecom equipment and infrastructure services business.

Corporate Structure Development

The establishment of this wholly-owned subsidiary provides Pace Digitek with a dedicated platform to pursue opportunities in the defence and aerospace sector. This corporate structure enables focused operations and specialized expertise development in the new business vertical.

Market Positioning

With this new subsidiary, Pace Digitek is positioning itself to capitalize on opportunities in India's growing defence and aerospace market. The company's existing expertise in technology and infrastructure services may provide a foundation for operations in these specialized sectors.

The incorporation of Lineage Defence And Aerospace represents a notable corporate development for Pace Digitek as it expands beyond its traditional telecom equipment and infrastructure services business into new strategic sectors.

Pace Digitek Limited has announced the formation of a new wholly-owned subsidiary, Lineage Defence And Aerospace Private Limited, marking the company's strategic expansion into the defence and aerospace sector. This move signifies Pace Digitek's intent to diversify its operations and enter specialized defence manufacturing.

Subsidiary Incorporation Details

Pace Digitek Limited has incorporated Lineage Defence and Aerospace Private Limited as a wholly owned subsidiary with an authorized capital of ₹10.00 lakh. The new entity is established to manufacture EMI/EMC equipment specifically for the defence sector.

Business Objectives and Operations

The subsidiary will focus on manufacturing Electromagnetic Interference (EMI) and Electromagnetic Compatibility (EMC) equipment specifically for the defence sector. The company's comprehensive business scope encompasses multiple specialized areas:

Core Manufacturing Activities

• Design, development, and manufacturing of defence-grade shelters and mobile modular shelters
• Production of aerospace components, subsystems, and ground support equipment
• Development of cybersecurity solutions and secure IT/OT infrastructures
• Manufacturing of communication systems and surveillance equipment

Research and Development

The subsidiary will undertake research, development, and innovation in defence engineering, aerospace sciences, and cybersecurity frameworks. This includes establishing laboratories, test facilities, simulation centres, and R&D units for technology advancement in artificial intelligence, automation, robotics, and secure communication systems.

Service Portfolio

The subsidiary will provide these services to government entities, quasi-government organizations, defence forces, public sector undertakings, corporate entities, and international bodies.

Strategic Partnerships and Intellectual Property

Lineage Defence and Aerospace Private Limited plans to collaborate with domestic and international companies, defence organizations, research institutions, and universities. The company will pursue technology transfer agreements, licensing arrangements, offset partnerships, and strategic alliances for technology development and global market expansion.

The subsidiary will also focus on developing and protecting intellectual property, including patents, trademarks, copyrights, designs, software, algorithms, and trade secrets related to defence technologies, aerospace engineering, and cybersecurity tools.

Regulatory Compliance

The incorporation constitutes a related party transaction as the wholly owned subsidiary will be a related party of Pace Digitek Limited. The company has confirmed that promoters, promoter groups, and group companies have no additional interest in this transaction beyond the standard subsidiary relationship.