Pace Digitek Completes Acquisition of Inso Pace, Incorporates Wholly Owned Subsidiary
Pace Digitek Limited has incorporated a new wholly owned subsidiary, TransgreenX Asset Holdco Private Limited, on August 20, 2026, focusing on the renewable energy sector. The company also completed the acquisition of Inso Pace Private Limited, making it a wholly owned subsidiary.
The incorporation of a WOS and acquisition of another entity are significant corporate actions that could lead to future growth and expansion, thus having a medium-term impact.
The announcement details the successful incorporation of a new subsidiary and the completion of an acquisition, which are positive steps for the company's strategic expansion.
Pace Digitek Limited has announced the successful incorporation of its wholly owned subsidiary (WOS) in India, named "TransgreenX Asset Holdco Private Limited", on August 20, 2026. This new entity, bearing CIN U35105KA2026PTC216854, will operate in the Renewable Energy Sector as an asset-holding and project development company.
Furthermore, Pace Digitek Limited has completed the acquisition of the entire equity shareholding of M/s. Inso Pace Private Limited. Following this acquisition, M/s. Inso Pace Private Limited has now become a wholly owned subsidiary of Pace Digitek Limited. The company had previously informed about the Board of Directors' approval for these actions on June 20, 2026.
The WOS is intended to engage in the identification, acquisition, development, operation, and management of energy and infrastructure projects. The incorporation was approved by the Registrar of Companies, Ministry of Corporate Affairs. The acquisition of Inso Pace Private Limited involved a cash consideration for 10,000 equity shares of face value ₹10 each, resulting in Pace Digitek Limited acquiring 100% shareholding. The company has also uploaded this information on its website.
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Pace Digitek Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Pace Digitek Limited. Read the original for the full detail.