Pace Digitek Limited has informed the Exchange about Bagging/Receiving of orders/contracts
PACEDIGITK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pace Digitek Limited has received a Letter of Acceptance valued at Rs. 226.42 Million (including GST) from North Western Railway. The contract is for the supply and provision of Lattice Towers in connection with UHF/LTE and KAVACH (train collision avoidance) works covering the balance routes of the Jodhpur division, spanning 996.24 KM. The order is to be executed within 18 months from the date of the Letter of Acceptance. The order has been awarded by a domestic government entity, with no promoter or related party interest involved.
This is a positive development as it adds a government-backed order to the company's order book, supporting revenue visibility over the next 18 months. The KAVACH-related work ties the company to India's railway safety modernization initiative, which could open doors to similar orders from other railway zones.