Announced Fri, 10 Jul · 17:01 IST
Subsidiary signs MOU for Battery Energy Storage Systems supply
Strategic Transactions View source PDF
PACEDIGITK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹216.00
prior close
₹215.81
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.0+0.6+0.2-5.1-3.7-4.9-6.5-6.0-8.3————
Up moveDown movePending
AI summary
Pace Digitek's material subsidiary Lineage Power has signed an MOU with Bondada Renewable Energy Private Limited for supply of Battery Energy Storage Systems including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS and battery containers. The agreement is domestic, with no promoter or group company ties, and is not a related party transaction. Specific financial terms were not disclosed.
Likely market impact
Suggests expansion into the BESS supply chain, but no deal value or volumes disclosed, so immediate price impact is limited.