Memorandum of Understanding by M. Lineage Power Private Limited ( Subsidiary ), a material subsidiary of the…
As filed · Pace Digitek Limited has informed the Exchange about Memorandum of Understanding/Agreements by M/s. Lineage Power Private Limited ( Subsidiary ), a material subsidiary of the Company, has entered into
What happened
FactPace Digitek Limited has informed the Exchange about Memorandum of Understanding/Agreements by M/s. Lineage Power Private Limited ( Subsidiary ), a material subsidiary of the Company, has entered into a Memorandum of Understanding(MOU) with M/s. Onward Solar Power Private Limited (OSPPL) and M/s. Kalpa Power Private Limited (KPPL) for supply of Battery Energy Storage Systems (BESS) including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS and Battery containers.…
Why it matters
CapitSignal interpretationA joint venture commits capital and management time to an asset the company only part-owns.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
WithdrawnThe energy segment contributed ₹58,147 million, while telecom accounted for ₹6,450 million.
The current order book provides strong visibility across both energy and telecom segments, with an increasing share of energy-led projects.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Capital commitment and ownership split
- Whether it is consolidated or equity-accounted
- For FY ‘27, which is next financial year, we keep a top-line target of about INR3,100 crores to INR3,200 crore (management committed by FY27)
- For FY ‘26, we keep a guidance of about INR2,600 crores to INR2,700 crores as a top-line guidance with a PAT m (management committed by FY26)
Evidence
How CapitSignal classified this
- Reasoning:
- JOINT_VENTURE base 54; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%