Pace Digitek Limited has informed the Exchange regarding a press release dated February 24, 2026, titled "Intimation of Press Release for bagging/receipt of orders.".
PACEDIGITK · price
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Awaiting price reaction for this filing.
Pace Digitek's material subsidiary, Lineage Power Pvt Ltd, has won a purchase order worth ₹1,587.1 million (including GST) from Reliance Industries Limited. The order is for 50,000 units of 48V 15S1P 314AH Lithium-Ion battery packs designed for telecom load backup support. With this win, the consolidated order book of Pace Digitek now stands at approximately ₹104,906 million (around ₹10,490 crores) across Telecom & ICT infrastructure and Energy segments. The company's Chairman highlighted that this order reinforces its position in critical energy infrastructure and aligns with its strategy of growing product-led revenues alongside EPC and annuity-linked projects.
Positive for the stock — the order strengthens the order book visibility and validates the subsidiary's product capabilities, though the single-order value is modest relative to the total ₹10,490 crore consolidated order book. No immediate material upside in revenue unless execution accelerates.