Our Company was originally incorporated as `Pace Power Systems Private Limited', at Bengaluru as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC on March 1, 2007. Thereafter, pursuant to a Board resolution dated June 29, 2020 and a special resolution passed by the Shareholders of our Company in their meeting on July 3, 2020, the name of our Company was changed to `Pace Digitek Infra Private Limited', and a fresh certificate of incorporation dated July 24, 2020, was issued to our Company by the RoC. Pursuant to a Board resolution dated May 10, 2024 and a special resolution passed by the Shareholders of our Company in their meeting on May 28, 2024, the name of our Company was changed to `Pace Digitek Private Limited', and a fresh certificate of incorporation dated July 29, 2024, was issued to our Company by the RoC. Subsequently, our Company got converted into a public limited company pursuant to a Board resolution dated October 16, 2024 and a special resolution passed by the Shareholders of our Company on October 16, 2024, and the name of our Company was changed to its present name, `Pace Digitek Limited', pursuant to a fresh certificate of incorporation dated November 19, 2024 issued to our Company by the RoC.
Major Events and Milestones: 2007 - Incorporation of our Company under the name of Pace Power Systems Private Limited and commencement of power product manufacturing division.
2008 - Our Company initiated manufacturing integrated power product solutions and commenced field operations & maintenance.
2011 - We commenced offering telecom products and services in South Africa and added a new product to our product portfolio i.e., Integrated Power Management System (IPMS)
2012 - Started providing energy management solutions and ventured into renewable energy and hybrid energy.
2014 - Acquired Lineage Power Private Limited from GE Power Electronics India. - Started executing turnkey projects in Telecom and ICT.
2020 - Ventured into smart classrooms, smart kiosks, security, and surveillance projects as part of ICT.
2022 - Launched the turnkey fiber optic cable network project
2023 - Our Company was awarded an order for setting up a 4G saturation project by a public sector telecom company (4G Saturation Project).
2025 Lineage Power Private Limited, a subsidiary of our Company has commenced operations at its BESS Plant at Bidadi, Karnataka (i.e., Manufacturing Facility 3).
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