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Pace Digitek approves Rs 200 crore investment to lift battery capacity to 10 GWh by FY2027

Pace Digitek’s board approved an investment of Rs 200 crore to add 7.5 GWh of capacity, taking total manufacturing capacity to 10 GWh, with commissioning targeted during FY2027 to support an order pipeline of 5.32 GWh. The company also cleared an ESOP plan covering 20,00,000 shares, a full buyout of Inso Pace, and the setting up of a Pune R&D centre. Pace Digitek said it will host an investor plant visit on June 23 and stated it will not disclose any unpublished price sensitive information during the interaction.
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