Nature of the Disclosure

Pace Digitek Limited has submitted a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 30, to intimate the receipt of an in-principle approval for the listing of equity shares to be issued under its Employee Stock Option Scheme.

Key Quantitative Figures

The in-principle approval from the National Stock Exchange of India Ltd (NSE) is for the listing of up to 20,00,000 (Twenty Lakh) Equity Shares. Each share has a face value of ₹2 (Rupees Two).

Dates of Action

  • The company's disclosure letter is dated November 06, 2026.
  • The NSE's approval letter (Ref: NSE/LIST/57838) is also dated November 06, 2026.
  • The digital signatures on both the company's submission and the NSE's letter are timestamped on November 06, 2026.

Parties or Entities Involved

  • Issuing Company: Pace Digitek Limited (CIN: L31909KA2007PLC041949)
  • Stock Exchanges: National Stock Exchange of India Ltd (NSE) and BSE Limited (BSE).
  • Company Representative: Meghana Manchaiah Purushotham, Company Secretary and Compliance Officer (Membership No: A42534).
  • NSE Representative: Ankita Gupta, Manager.
  • Scheme: Pace Digitek Limited Employee Stock Option Scheme 2026 (ESOP).

Purpose or Stated Rationale

The approval is sought for the future listing and trading of equity shares that will be allotted to the company's employees upon the exercise of options granted under the ESOP 2026 scheme.

Conditions and Next Steps

  • The NSE's in-principle approval is subject to several standard conditions, including post-allotment notification per Regulation 10(c), receipt of all statutory approvals, and compliance with all applicable laws and exchange regulations.
  • The company has applied for a similar in-principle approval from BSE, which is currently awaited.
  • Upon receipt of BSE's approval, the company will initiate the listing process with both stock exchanges.
  • The NSE reserves the right to withdraw its approval if submitted information is found to be incomplete, incorrect, misleading, false, or in contravention of any rules.

Document Requirements Post-Allotment

The NSE has provided an annexure listing documents required for the final listing approval, including:

  • Certified copy of the Statement under Regulation 10(c).
  • Confirmation of credit/dispatch of shares from the R&T Agent.
  • Certified copy of the Board resolution for allotment.
  • List of allottees with names and number of shares allotted.
  • Details of employees granted options exceeding 1% of the issued share capital.
  • Confirmation and details of any shares issued to Directors under the ESOP.

Financial Impact

Financial impact is contingent upon the future exercise of options by employees and the subsequent allotment of shares. The potential equity dilution is up to 20 lakh shares.

Additional Information

The disclosed information is also available on the company's website at www.pacedigitek.com.

#Tags: #PaceDigitek #ESOP #SEBIRegulation30 #NSE #CorporateAction