Pace Digitek Limited has informed the Exchange about General Updates, we wish to inform you that the wholly owned subsidiary ( WOS ) of the Company (Pace Digitek Limited) in the name and style of Lineage Defence And Aerospace Private Limited has been incorporated on 23.12.2025 with CIN: U25121KA2025PTC213001.
PACEDIGITK · price
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Pace Digitek Limited has incorporated a new wholly owned subsidiary named Lineage Defence And Aerospace Private Limited on 23.12.2025 in Karnataka. The new entity will operate in the defence and aerospace sector, as indicated by its name and CIN (U25121KA2025PTC213001). This marks the company's entry into the defence and aerospace space through a 100% owned entity rather than a joint venture. No financial details such as initial capital or funding structure have been disclosed in this filing.
This signals a strategic diversification into the defence and aerospace sector for Pace Digitek, which could open new revenue streams and growth opportunities over the long term. However, since this is a newly incorporated subsidiary with no disclosed financials, the immediate impact on the stock or shareholders is likely limited.