Pace Digitek Approves Major Expansion, Acquires Stake in Inso Pace Private Limited and Launches New Research Centre

Pace Digitek Approves Major Expansion, Acquires Stake in Inso Pace Private Limited and Launches New Research Centre​

Pace Digitek Limited, during a Board of Directors meeting held on June 20, 2026, announced several strategic decisions concerning its operational growth, corporate structuring, and talent management. The company approved the launch of an Employee Stock Option Plan (ESOP), committed to significant manufacturing expansion in renewable energy solutions, acquired a controlling stake in Inso Pace Private Limited, and appointed Ms. Maya Swaminathan Sinha as an Additional Director.

Strategic Investment and Manufacturing Capacity Boost​

The Board discussed the ongoing expansion of its existing manufacturing facility located in Ramanagara, Karnataka. The company’s current capacity stands at 2.5 GWh, which is currently utilized by approximately 80%. To meet growing market demand, Pace Digitek has planned substantial additions across its facilities.

Key elements of the operational strategy approved include:

• BESS Facility Expansion: An additional expansion totaling 2.5 GWh is underway at the existing BESS manufacturing facility, with commissioning targeted for FY2027.
• New Mega-facility: A new 5 GWh BESS manufacturing facility is being developed as part of a broader goal to reach an aggregate manufacturing capacity of 10 GWh. This new facility’s commissioning is also targeted for FY2027.
• Backward Integration: The company approved establishing an in-house container fabrication facility. This move, which has progressed into the equipment installation phase, aims to improve supply chain control and enhance execution flexibility across its BESS manufacturing value chain.

The proposed capacity addition requires approximately Rs 200 Crore and will be financed through internal accruals.

Corporate Restructuring and M&A Activity​

Pace Digitek also advanced its corporate restructuring plans, approving the acquisition of the entire equity shareholding in Inso Pace Private Limited, making it a Wholly Owned Subsidiary (WOS).

Inso Pace Private Limited is involved in the design, manufacture, and servicing of energy-efficient products for clean and renewable energy applications. The acquisition was approved as a means to achieve operational efficiency in transferring projects won by Pace Digitek Limited.

Details regarding the acquired entity and the transaction were noted:


The Board also approved the incorporation of a new Wholly Owned Subsidiary Company, with details to be provided following its formation. Furthermore, management greenlit several material related party transactions between Pace Digitek Limited and three entities: M/s. Lineage Power Private Limited, M/s. Pace Ecoplanet Solace Private Limited, and M/s. Inso Pace Private Limited.

Human Capital and Governance Appointments​

The company approved the 'Pace Digitek Employee Stock Option Plan, 2026' (PDL ESOP 2026) for eligible employees. The scheme is structured to cover a total of 20,00,000 shares. Key aspects of the plan include:

• Vesting: Options shall vest not earlier than one year and not later than four years from the grant date (excluding death or permanent incapacity).
• Exercise Period: The maximum exercise period for vested options is four years from the vesting date.

In a governance move, Ms. Maya Swaminathan Sinha was approved as an Additional Director of Pace Digitek Limited. Ms. Sinha, a retired Indian Revenue Service (IRS) officer (1981 batch), holds significant experience in taxation and corporate governance, with expertise spanning strategic planning, finance, and risk management. She will serve for a term of five consecutive years commencing from June 20, 2026, subject to Member approval.

Additionally, the Board approved the re-appointment of M/s. Sundaram & Srinivasan, Chartered Accountants, as the Internal Auditors of the Company for the Financial Year 2026-27.

A strategic initiative was also greenlit with the approval of a new Research Centre in Pune, Maharashtra. The centre is dedicated to driving innovation and research into clean and renewable energy technologies, aiming to promote indigenous technology development aligned with national sustainability goals.

PACEDIGITK Stock Price Movement​

Pace Digitek Limited shares slipped on Friday after closing at ₹181.82, shedding 0.29% for the day. The stock recorded a total traded volume of 939,738 shares during the session.