Announced Sat, 20 Jun · 18:28 IST
Board approves ESOP, Rs 200 Cr capacity expansion, subsidiary acquisition
Board & Shareholder Meetings View source PDF
PACEDIGITK · price
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Price reaction · full curve 14 horizons · vs prior close
+12.8%1-day move
₹182.00
prior close
₹184.20
base price
After-mkt
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+0.1+0.0+0.1-0.0+12.8+15.8+9.9+10.8+12.1+17.2+12.6+8.8——
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AI summary
Board approved PDL ESOP 2026 covering 20 lakh shares for employees and subsidiaries. BESS capacity to expand by 7.5 GWh (existing 2.5 GWh at about 80 percent utilization) with Rs 200 Cr investment via internal accruals. New Research Centre planned in Pune for clean energy. To acquire remaining 49 percent in Inso Pace, making it 99.99 percent WOS. Postal ballot for related party deals and ESOP member approval.
Likely market impact
Multiple growth levers: capacity expansion signals strong order pipeline, ESOP aligns management, subsidiary consolidation streamlines ops.