Pace Digitek Limited has informed the Exchange about Action(s) taken or orders passed, The Company has now received an Order for Adjudication of Penalty under Section 454 of the Companies Act, 2013 ( the Act ) from the Registrar of Companies ( RoC ), Bangalore, dated October 17, 2025, in connection with the aforesaid violation of Section 135(7) of the Act.
PACEDIGITK · price
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Pace Digitek Limited has received an Order for Adjudication of Penalty from the Registrar of Companies (RoC), Bangalore, dated October 17, 2025. The order was passed under Section 454 of the Companies Act, 2013, for a violation of Section 135(7) of the Act. Section 135(7) relates to non-compliance with Corporate Social Responsibility (CSR) spending obligations. The specific penalty amount has not been disclosed in the filing. The penalty is a regulatory action for failing to meet statutory CSR requirements.
This is a regulatory penalty for CSR compliance failure, which is a procedural issue rather than a financial or governance crisis. Unless the penalty is material in size, the impact on the stock price is likely to be limited. Shareholders should watch for further disclosures on the penalty quantum and whether the company plans to appeal.