Lineage Power Private Limited, a material subsidiary of Pace Digitek Limited, has received a significant purchase order worth ₹1,587.10 million (including GST) from Reliance Industries Limited. The order involves the supply of advanced Li-ion battery packs, with delivery scheduled by August 31, 2026.
Pace Digitek Limited has announced a major development under SEBI Regulation 30, confirming that its subsidiary, Lineage Power Private Limited, has secured a large-scale purchase order from Reliance Industries Limited. This order underscores the growing demand for energy-efficient solutions and highlights the company’s strengthening position in the battery technology sector.
Key Highlights
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The order is valued at ₹1,587.10 million, inclusive of GST.
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Reliance Industries Limited has awarded the contract for supply of Li-ion 48V 15S1P 314 AH battery packs.
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The order is domestic in nature, with no related party transactions involved.
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Delivery is expected to be completed by August 31, 2026.
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Pace Digitek confirmed that neither promoters nor group companies have any interest in Reliance Industries Limited regarding this transaction.
This development positions Pace Digitek and its subsidiary as key contributors to India’s evolving energy and technology ecosystem, aligning with the broader push toward sustainable infrastructure and advanced power solutions.
Source: Pace Digitek Limited, BSE Filing dated February 23, 2026.