PACEDIGITK

- Pace Digitek's subsidiary, Lineage Power Private Limited (LPPL), signed a strategic Memorandum of Understanding (MoU) with Bondada Renewable Energy Private Limited. - LPPL will serve as a preferred Battery Energy Storage Systems (BESS) supply partner for future projects. - This enhances LPPL's market reach and strengthens its product supply ecosystem.

- Pace Digitek's material subsidiary, Lineage Power Private Limited, has entered into a Memorandum of Understanding (MOU) with Bondada Renewable Energy Private Limited. - The MOU is for the supply of Battery Energy Storage Systems (BESS), including various components like DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS, and battery containers.

- Pace Digitek's subsidiary, Lineage Power Private Limited, signed two MoUs with Onward Solar Power Private Limited and Kalpa Power Private Limited. - LPPL will serve as a preferred Battery Energy Storage System (BESS) supply partner, aiming to strengthen the supply of domestically manufactured BESS solutions.

- Order Win: Pace Digitek Limited's subsidiary, Lineage Power Private Limited, entered an MOU with Onward Solar Power Private Limited (OSPPL) and Kalpa Power Private Limited (KPPL). - Purpose: Supply of Battery Energy Storage Systems (BESS) including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS, and battery containers. - Order Value: Not specified. - Completion Timeline: Not specified.

- Pace Digitek's subsidiary, Lineage Power Private Limited (LPPL), completed one year of commercial Battery Energy Storage System (BESS) manufacturing. - LPPL manufactured over 260 utility-scale BESS containers, totaling 1.25 GWh of integrated BESS capacity, a major achievement for an Indian company.

- Pace Digitek Limited and its subsidiary Lineage Power Private Limited will participate in the 12th India Energy Storage Week (IESW) 2026. - The event is scheduled from July 8-10, 2026, at India International Convention & Expo Centre (IICC), Yashobhoomi, New Delhi. - The company will exhibit its Battery Energy Storage System (BESS) and related energy storage solutions.

- Clarification regarding delay in submitting Audited Financial Results for the Financial Year ended March 31, 2026. - The Board Meeting concluded late on May 25, 2026, leading to the upload of results on May 26, 2026, at 02:19 AM. - Company states the delay was inadvertent and assures that internal reporting timelines have been streamlined to prevent recurrence. - The audit reports for the financial results have an unmodified opinion.

- Pace Digitek's subsidiary, Lineage Power, is expanding its BESS manufacturing. Additional 2.5 GWh capacity is nearing commissioning by July 2026, increasing total capacity to 5 GWh. The company targets 10 GWh total capacity by Q3 FY2027 and expects a dedicated container fabrication facility by Q2 FY2027, supported by an executable order book of ₹1,13,379 million.

- Trading window closed from July 01, 2026, for designated persons and their relatives. - Closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. - It will reopen 48 hours after the announcement of Unaudited Financial Results for the Quarter ended June 30, 2026.

- Pace Digitek's material subsidiary, Lineage Power, signed a Master Supply Agreement with Guangzhou Rongjie Energy Technology Co., Ltd. - This secures 3 GWh of Lithium Iron Phosphate (LFP) battery cells for Lineage Power, strengthening its BESS manufacturing platform and ensuring long-term supply chain stability.

- Shareholders to vote via Postal Ballot on several resolutions for FY2026-27. - Includes approval for material related party transactions with Lineage Power (₹3,650 Cr), Pace Ecoplanet Solace (₹1,035 Cr), and Inso Pace (₹910 Cr). - Also seeks approval for Pace Digitek Employee Stock Option Plan 2026 (PDL ESOP 2026) for up to 20,00,000 equity shares. - Benefits of PDL ESOP 2026 will be extended to employees of subsidiaries. - E-voting period is from June 23, 2026 (9:00 AM) to July 22, 2026 (5:00 PM).

- Board meeting on June 20, 2026, approved ESOP for 2M shares, significant BESS capacity expansion (7.5 GWh proposed, ₹200 Cr investment for 5 GWh by FY27), and a new R&D Centre. - Also approved acquiring remaining 49% in Inso Pace (now 99.99% WOS) and appointed Ms. Maya S. Sinha as Independent Director.

- Board approved major BESS manufacturing capacity expansion (7.5 GWh addition, ₹200 Cr investment), a new Research Centre in Pune, and acquired remaining stake in Inso Pace Pvt Ltd. - Also approved ESOP for 2M shares and appointed Ms. Maya Swaminathan Sinha as Independent Director.

- Board approved the "Pace Digitek Employee Stock Option Plan, 2026" covering 20,00,000 shares for eligible employees and subsidiaries. - Approved setting up a Research Centre in Pune for clean and renewable energy technologies and local innovation. - Approved significant BESS capacity expansion: 2.5 GWh addition to existing facility (total 5 GWh) and a new 5 GWh facility, targeting 10 GWh aggregate capacity. Investment of approx. ₹200 Cr from internal accruals, commissioning by FY2027. - Approved acquisition of the remaining 49% equity stake in Inso Pace Private Limited, making it a Wholly Owned Subsidiary, expected by December 2026. - Approved the appointment of Ms. Maya Swaminathan Sinha as an Additional Director (Independent Director) for a 5-year term. - Approved the formation of a New Wholly Owned Subsidiary Company and re-appointment of M/s. Sundaram & Srinivasan as Internal Auditors for FY 2026-27.

- Pace Digitek Limited will host an Investor/Analyst Plant Visit on June 23, 2026, from 10:00 A.M. onwards. - The physical group meeting will take place at Lineage Power Private Limited, Bidadi. - Only information available in the public domain will be shared.

- Concall Schedule - Concall Date: June 23, 2026 - Concall Time: 09:00 A.M. IST - Event: GIA Promoter's Conference 2026 (Physical Group meetings) - Venue: St. Regis, Mumbai

- Strategic shift from telecom infrastructure execution to an integrated infrastructure platform across telecom, energy infrastructure, and Battery Energy Storage Systems (BESS). - Expanding BESS manufacturing capacity from 2.5 GWh to 5 GWh by July 2026, and further to 10 GWh by October 2026, ahead of earlier plans. - Operationalization of in-house container fabrication from July 2026, expected to improve overall pricing and operating efficiencies by approximately 4-5%. - Maintained revenue guidance for FY27 at ₹3,200-₹3,400 crores and for FY28 at ₹4,000-₹4,200 crores, supported by a current executable order book of ₹11,338 crores. - Expected PAT margin for FY27 in the range of 10-11%, a slight moderation from FY26 due to an increased contribution from the lower-margin energy business. - Management expects operational efficiencies to improve over the medium term through manufacturing scaling up, localization, backward integration, and increased product-led revenues. - Inventory built up in Q4 FY26 is expected to benefit Q1 FY27 costs by mitigating increases in lithium-ion cell prices and exchange rate effects. - Receivables, which increased due to concentrated Q4 FY26 sales, are expected to normalize by September 2026. - Exploring backward integration into cell manufacturing. - Secured an exclusive agreement with NEC for BESS demand in African markets, expecting 300-500 MWh orders in FY27. - Data centers are a focus area for BESS solutions; EV charging infrastructure is not a current focus. - The company plans to concentrate on the product business for external customers in FY27-FY28 and will not undertake further Build-Own-Operate (BOO) projects without external investment. - Credit rating improved from BBB negative to A negative.

Pace Digitek Limited announced the availability of the audio recording of its Investor Call held on May 26, 2026, to discuss the Audited Standalone and Consolidated Financial Results for the Quarter and Financial Year ended March 31, 2026. The recording is accessible via the company's website.

Pace Digitek Limited announced the results of its Postal Ballot, conducted via remote e-voting. Shareholders approved material related party transactions (RPTs) with M/s. Pace Renewable Energies Private Limited and M/s. Transgreenx Energy Private Limited with a 99.94% majority. However, material RPTs with M/s. Lineage Power Private Limited, M/s. Pace Ecoplanet Solace Private Limited, M/s. Inso Pace Private Limited, and M/s. Lanarsy Infra Limited were rejected, as they did not receive the requisite votes.

Consolidated Revenue ₹1,096.8Cr vs ₹683.3Cr (▲60.5% YoY), EBITDA ₹163.2Cr vs ₹76.3Cr (▲114.0% YoY), PAT ₹105.9Cr vs ₹56.3Cr (▲88.1% YoY). EBITDA Margin 14.9% vs 11.2% (▲370bps).

Pace Digitek Limited reported strong consolidated financial results for the quarter ended March 31, 2026. Consolidated Revenue stood at ₹1,096.78Cr vs ₹683.27Cr (▲60.5% YoY), EBITDA at ₹183.33Cr vs ₹83.63Cr (▲119.2% YoY), and PAT at ₹105.92Cr vs ₹56.31Cr (▲88.1% YoY). EBITDA Margin expanded to 16.7% from 12.2% (▲450bps). The company also completed its IPO during the year, raising ₹8,191.48 million, and acquired a new subsidiary, Pace Renewable Energies Private Limited (PREPL), along with incorporating new subsidiaries.

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Pace Digitek Limited secured an Advance Work Order from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet middle-mile & last-mile network project in the Sikkim Telecom Circle. The order, valued at ₹2,646.5 million (inclusive of GST), involves Design, Supply, Construction, Installation, Upgradation, Operation, and Maintenance (O&M) services, with a completion period of within 3 years.

Pace Digitek Limited has received a contract aggregating to ₹264.65 Crore (including GST) from Bharat Sanchar Nigam Limited. The order is for the Design, Supply, Construction, Installation, Upgradation, Operation, and Maintenance of the middle mile network of Bharatnet, specifically in the Sikkim Telecom Circle. The scheduled completion date for the order is 1095 days from the appointed date, which is approximately 3 years.

Order Win: Pace Digitek Limited secured an order from NLC India Renewables Limited for a 250 MW / 500 MWh Battery Energy Storage System (BESS) EPC and long-term O&M contract in Tamil Nadu. The total contract value is ₹7,099 million (including GST). The project involves EPC execution (excluding power transformers) and 12-year comprehensive O&M services, with the EPC and commissioning period being 12 months.

Order Win: Pace Digitek Limited won an order from NLC India Renewables Limited (NIRL) for a 250MW / 500MWh Battery Energy Storage System (BESS) project. Order Value: ₹7,099.19 Million (including GST). Completion Timeline: 12 months from Letter of Award for Commercial Operation Declaration, followed by 12 years of Comprehensive Operation & Maintenance.