BSECompany Update1d ago · 21 Jul 2026, 11:53 am

Intimation of press release

Pace Digitek Ltd · 544550

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Pace Digitek Limited's subsidiary, Lineage Power Private Limited, has established a dedicated Research & Development (R&D) Center in Pune to strengthen its research, engineering, and technology capabilities in advanced battery technologies.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact6/10
Market Sentiment7/10

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Pace Digitek Ltd - 544550 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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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_10 Date: July 21, 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 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a Press Release dated July 21, 2026, regarding Lineage Power Private Limited ("LPPL"), a material subsidiary which has established a dedicated Research & Development (R&D) Centre in Pune to strengthen its research, engineering, and technology capabilities in advanced battery technologies including Advanced Chemistry Cells (ACC) and energy storage solutions. As part of this initiative, Lineage Power has entered into a research collaboration with the Indian Institute of Science Education and Research (IISER), Pune, to undertake research on advanced battery technologies and battery materials. 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 Establishes Dedicated R&D Center and Collaborates with IISER Pune to Advance Indigenous Energy Storage Research Research facility to strengthen advanced battery technologies and support next-generation energy storage solutions Bengaluru, 21 July 2026: Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) announced that its subsidiary, Lineage Power Private Limited (LPPL), has established the Pace-Lineage Research Center in Pune, a dedicated Research & Development (R&D) Center to strengthen its research, engineering and product development capabilities in advanced battery technologies, including Advanced Chemistry Cells (ACC) and energy storage solutions. Aligned with the vision of Atmanirbhar Bharat and Make in India, the Center aims to contribute to the development of indigenous technologies and strengthen domestic capabilities in energy storage. As part of this initiative, Lineage Power has entered into a research collaboration with the Indian Institute of Science Education and Research (IISER), Pune to undertake research on advanced battery technologies and battery materials. The research programme at the Pace-Lineage Research Center will focus on Advanced Chemistry Cells (ACC), including Lithium-ion (Li-ion) and Sodium-ion (Na-ion) battery materials to improve battery capacity and cycling stability. The research will include optimization of material coatings, tuning of material microstructure and porosity, design of new electrolytes, detailed material characterization, electrochemical evaluation, and optimization of cell parameters. The Center will also evaluate and validate raw materials from domestic suppliers to support indigenous technology development and strengthen the local supply chain. The establishment of R&D facility reflects Pace Digitek's long-term strategy to expand its research and engineering capabilities in Advanced Chemistry Cells (ACC) technologies and advanced battery systems. By investing in scientific research, the Company aims to accelerate technology development, build in-house expertise and support innovation across the energy storage value chain. India's energy storage market is expected to witness significant growth, driven by increasing renewable energy integration, grid modernization and the growing need for reliable energy storage solutions. Against this backdrop, the R&D Center complements Pace Digitek's manufacturing, engineering, and project execution capabilities by supporting research in advanced battery materials and technologies. Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: "Technology and innovation will play a defining role in the future of energy storage. The establishment of our dedicated R&D Center marks an important step in strengthening our research and engineering capabilities. Our collaboration with IISER Pune brings together scientific research and industry expertise to advance battery materials and support indigenous technology development. We believe this initiative will strengthen our innovation capabilities and create long- term value for our stakeholders." About PACE Digitek Limited Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) is an integrated infrastructure and energy solutions company in India, operating across two business segments: Energy and Telecom & ICT. The Company operates across the value chain, spanning manufacturing, engineering, procurement and construction (EPC), and operations and maintenance (O&M), enabling both project execution and product supply. In the energy segment, the Company undertakes Battery Energy Storage System (BESS) design, manufacturing, product supply, integration, and deployment. Through its subsidiary, Lineage Power Private Limited, the Company manufactures and supplies BESS, telecom power systems, and related energy infrastructure products, supporting both integrated project execution and standalone product supply. In the telecom segment, the Company undertakes manufacturing of telecom power systems and provides EPC services and O&M for telecom infrastructure and network deployments across multiple circles in India. For more information, please visit / contact us: https://www.pacedigitek.com/ | Investor.relations@pacedigitek.com