Outcome of Board Meeting

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/Q01_40 Date: June 20, 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: Outcome of Board Meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the meeting of the Board of Directors of the Company was held on June 20, 2026 which commenced at 04:30 PM (IST) and concluded at 05:00 PM (IST) via Video Conferencing deemed to be held at the Registered Office of the Company inter alia considered and approved the following: In continuation of our letter bearing Ref. No. PDL/2026-27/Q01_22 dated May 20, 2026, we wish to inform you that the matter pertaining to the Employee Stock Option Plan (ESOP) was placed before the Nomination and Remuneration Committee ("NRC") and the Board of Directors at their respective meetings held on May 25, 2026. During the deliberations, the NRC and the Board sought certain additional information and clarifications in relation to the proposed ESOP matter. Accordingly, the requisite details and clarifications were furnished for consideration at the subsequent meeting of the Nomination and Remuneration Committee and the Board of Directors held on June 20, 2026. Upon review of the additional information provided, the NRC and the Board were satisfied with the clarifications furnished and accorded their approval to the proposal. 1. Approved the “Pace Digitek Employee Stock Option Plan, 2026” (‘PDL ESOP 2026’) (“Scheme”) for the grant of stock options to eligible employees of Pace Digitek Limited, subject to the approval of the Members of the Company in compliance with the provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SBEB Regulations”). 2. Approved to extend the benefits of ‘Pace Digitek Employee Stock Option Plan 2026’ (‘PDL ESOP 2026’) to the employees of the subsidiaries of the Company, subject to the approval of the Members of the Company in compliance with the provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SBEB Regulations”). 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 3. Approved the transaction for conducting Postal Ballot to transact the following items: i. Approved to carry on material related party transactions between M/s. Pace Digitek Limited and M/s. Lineage Power Private Limited. ii. Approved to carry on material related party transactions between M/s. Pace Digitek Limited and M/s. Pace Ecoplanet Solace Private Limited. iii. Approved to carry on material related party transactions between M/s. Pace Digitek Limited and M/s. Inso Pace Private Limited. iv. Approved the Pace Digitek Limited Employee Stock Option Plan (PDL ESOP 2026). v. Approved to extend the benefits of ‘Pace Digitek Employee Stock Option Plan 2026’ (PDL ESOP 2026) to the employees of the subsidiaries of the Company. 4. Approved the setting up of a Research Centre in Pune, Maharashtra. The Research Centre shall be established to drive innovation in clean and renewable energy technologies, supporting India’s energy security and sustainability goals. The Centre shall focus on research, development, and adaptation of emerging energy technologies to meet Indian requirements. It aims to promote indigenous technology development using locally sourced materials in line with the Government of India’s Atmanirbhar Bharat and Make in India initiatives. The Centre aims to develop cost-effective and sustainable solutions to address evolving energy sector challenges. 5. Discussed and appraised the Board on the status of the expansion of the existing manufacturing facility situated at 73P, Shayanamangala, Sector 2, Phase 2, Industrial Area Ramanagara Karnataka 562109 Bidadi Ramanagar 6. Approved the acquisition of entire Equity Shareholding of M/s. Inso Pace Private Limited, thereby constituting Inso Pace Private Limited as a Wholly Owned Subsidiary (“WOS”) of the Company. 7. Approved the appointment of Ms. Maya Swaminathan Sinha (DIN: 03056226) as an Additional Director of the Company. 8. Approved the formation of a New Wholly Owned Subsidiary Company. 9. Approved the re-appointment of M/s. Sundaram & Srinivasan, Chartered Accountants, as the Internal Auditors of the Company to Conduct Internal Audit pursuant to Section 138 of the Companies Act, 2013, for the Financial Year 2026-27. 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 The Notice of the Postal Ballot for Item No 3, including other related information as required pursuant to the provisions of the Companies Act, 2013, and Listing Regulations, will be published and communicated in due course. The details as required for Item No 1, Item No 2, Item No 5, Item No 6, Item No 7, Item No 8 and Item No 9 under Regulation 30 of the SEBI LODR Regulations read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A. The above information is also available on the website of the Company at https://www.pacedigitek.com/ 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 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 Annexure A The details as required under Regulation 30 of the SEBI LODR Regulations read with the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as given below: Item No 1 and 2 Details of Pace Digitek Employee Stock Option Plan, 2026 (PDL ESOP 2026) Scheme: Particulars Details 1 Brief details of options granted The PDL ESOP 2026 (“Scheme”) contemplates grant of employee stock options (“Options”) to the eligible employees of the Company and the subsidiary companies of the Company. The performance appraisal and selection process of eligible employees and grants to be made shall be governed by the Scheme. 2 Whether the scheme is in terms of Yes, the ESOP Scheme is in terms of SEBI (SBEB) SEBI (SBEB) Regulations, 2021 (if Regulations, 2021. applicable) 3 Total number of shares covered by The total number of shares covered under these these options Options shall be 20,00,000/-. 4 Pricing formula The Exercise Price shall neither be less than the face value of the share nor more than the fair market value of the share on the Date of Grant as determined by the Nomination and Remuneration Committee. 5 Options vested Not applicabl [Showing first 8,000 characters — download PDF for full document]