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Pace Digitek inks OEM exclusivity agreement across five African nations

News by Aliceblue News Desk

24 Apr 2026

Pace Digitek inks OEM exclusivity agreement across five African nations

Introduction

Leading energy solutions company signed OEM exclusivity agreement with NEC XON to distribute Battery Energy Storage Systems across five African countries from April 22 2026.

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Share price movement of PACE Digitek

On April 24, 2026, Pace Digitek Ltd opened at ₹180.25, up 2.16% from its previous close of ₹176.45. The stock reached a high of ₹180.25 (2.16%) and a low of ₹173.00. By 11:33 AM, it traded at ₹174.40, a 1.16% decrease, with a market cap of ₹3,764.45 crore.

PACE Digitek Signs NEC Agreement

PACE Digitek Limited entered Original Equipment Manufacturer exclusivity agreement with NEC XON Systems Proprietary Limited on April 22 2026 to expand international market presence across selected African regions.

The agreement grants NEC XON exclusive rights to market distribute and sell Battery Energy Storage Systems and related energy solutions in South Africa Botswana Mozambique Namibia and Mauritius.

The agreement is with an international entity involves no shareholding or related party transaction and follows commercial terms as specified under the executed Original Equipment Manufacturer exclusivity arrangement.

Stock performance of PACE Digitek for period of 1 week, 1 month, and 6 months

Pace Digitek Ltd delivered a 1-week return of -0.12%, a 1-month return of 12.7%, and a 6-month return of -22.6%.

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Shareholding pattern of PACE Digitek

ParticularsMar 2026Dec 2025Sep 2025
Promoter69.50%69.50%69.50%
FII0.60%2.30%4.90%
DII6%5%5%
Public23.90%23.00%20.70%

About PACE Digitek

Pace Digitek Ltd (NSE: PACEDIGITK) provides telecom and solar infrastructure solutions, manufacturing and installing DC power systems, lithium batteries, monitoring systems and inverters for energy sector.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Pace Digitek Ltd share price rising today?

A: Pace Digitek Ltd signed OEM exclusivity agreement with NEC XON for energy storage and solutions across five African countries.

Q: What is Pace Digitek Ltd’s main business focus?

A: Pace Digitek Ltd focuses on telecom and solar infrastructure, manufacturing DC power systems, lithium batteries, monitoring systems and inverters.

Q: What are the 52-week high and low of Pace Digitek Ltd stock?

A: Pace Digitek Ltd stock has 52-week high ₹232.20 and 52-week low ₹139.50.

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