NSEPress Release13 Jul 2026 · 13 Jul 2026, 11:18 am
Press Release
Pace Digitek Limited · PACEDIGITK
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Pace Digitek Limited has entered into a Memorandum of Understanding (MOU) with Bondada Renewable Energy Private Limited for the supply of Battery Energy Storage Systems (BESS).
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
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Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Pace Digitek Limited has informed the Exchange regarding a press release dated July 13, 2026, titled "Memorandum of Understanding (MOU) with M/s. Bondada Renewable Energy Private Limited".
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Pace Digitek Limited
(Formerly Known as Pace Digitek Private Limited
and Pace Digitek Infra Private Limited)
Regd. Office: Plot No. V-12, Industrial Estate,
Kumbalgodu, Mysore Highway, Bangalore - 560 074.
T : +91 80 29547792 / 94 / 95 / 96.
E : info@pacedigitek.com
w : www.pacedigitek.com
CIN-L31909KA2007PLC041949
Ref No: PDL/2026-27/Q02_07
Date: July 13, 2026
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street, Fort Bandra Kurla Complex, Bandra (E)
Mumbai – 400001 Mumbai – 400051
Scrip Code – 544550 Symbol – PACEDIGITK
Dear Sir/Madam,
Sub: Intimation of Press Release pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed herewith the Press Release dated July 13,
2026, for entering into an entered into a Memorandum of Understanding (MOU) with M/s. Bondada
Renewable Energy Private Limited for the supply of Battery Energy Storage Systems (BESS)
including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS and Battery containers by
M/s. Lineage Power Private Limited (“Subsidiary”), a material subsidiary of the Company.
We hereby request you to take note of the same.
Thanking You,
For PACE DIGITEK LIMITED
[Formerly known as Pace Digitek Private Limited
and Pace Digitek Infra Private Limited]
Meghana M P
Company Secretary and Compliance Officer
Membership No: A42534
Add: Plot No. V-12, Industrial Estate, Kumbalgodu,
Mysore Highway, Bangalore - 560 074.
Encl.: As above.
Press Release
Pace Digitek's Subsidiary Signs Third Strategic MoU at India Energy Storage Week 2026 to
Strengthen BESS Product Supply Partnerships
Collaboration with Bondada Renewable strengthens LPPL's strategic BESS product supply ecosystem
Bengaluru, 13 July 2026: Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) announced that its subsidiary, Lineage
Power Private Limited (LPPL), has signed a strategic Memorandum of Understanding (MoU) with Bondada Renewable
Energy Private Limited (Bondada Renewable) during the 12th India Energy Storage Week (IESW) 2026 at IICC,
Yashobhoomi, New Delhi.
The collaboration with Bondada Renewable follows the two strategic MoUs signed by LPPL on the opening day of IESW
2026 and further strengthens the Company's product-led growth strategy through partnerships across India's rapidly
expanding Battery Energy Storage System (BESS) ecosystem.
Under the MoU, LPPL will serve as a preferred BESS supply partner, supporting future projects through the supply of
integrated BESS solutions. The MoU provides a framework for future collaboration, with project-specific supply
arrangements to be finalised through mutually agreed commercial terms.
LPPL's integrated manufacturing capabilities enable the Company to deliver comprehensive energy storage solutions across
the value chain. The addition of Bondada Renewable as a strategic partner further enhances LPPL's market reach and
reinforces Pace Digitek's strategy of expanding its product-led energy storage business through collaborations with EPC
companies, renewable energy developers and system integrators.
Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek
Limited, said: "The addition of another strategic collaboration during India Energy Storage Week reflects the growing market
acceptance of our integrated BESS solutions. As India's energy storage market continues to evolve, we remain focused on
expanding our strategic partnerships, strengthening our product supply ecosystem and delivering reliable, high-quality
energy storage solutions that support the country's clean energy transition."
About PACE Digitek Limited
Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) is an integrated infrastructure and energy solutions company operating across
Energy and Telecom & ICT business segments. The Company operates across the value chain, spanning Manufacturing, Engineering,
Procurement & Construction (EPC) and Operations & Maintenance (O&M) activities, supporting both project execution and product supply.
In the energy segment, the Company undertakes Battery Energy Storage System (BESS) design, manufacturing, integration and
deployment. Through its subsidiary, Lineage Power Private Limited, it also manufactures energy storage systems and related power
infrastructure products. In the telecom segment, the Company undertakes manufacturing of telecom power systems and provides EPC
services and O&M for telecom infrastructure, fibre networks and digital infrastructure projects across multiple circles in India.
For more information, please visit / contact us:
https://www.pacedigitek.com/ | Investor.relations@pacedigitek.com