Pace Digitek Limited has informed the Exchange about Bagging/Receiving of orders/contracts, Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Award of Contract to Material Subsidiary- Lineage Power Private Limited.
PACEDIGITK · price
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Pace Digitek's material subsidiary, Lineage Power Private Limited, has received an advance purchase order worth Rs. 94,35,13,259 (including GST) from Bharat Sanchar Nigam Limited (BSNL), a government telecom PSU. The order covers supply of 25,000 Li-ion battery modules (100AH/48V) with BMS, 2,500 IP55 racks, and a 5-year AMC after a 5-year warranty period. The contract is to be executed within 5 months from the date of receipt of the purchase order. The order is domestic, and there is no related-party interest involved in the transaction.
This is a sizeable order from a government PSU, providing revenue visibility for the subsidiary and indirectly for Pace Digitek over the next several months, and strengthens the company's presence in the telecom power solutions segment.