PACE Digitek Ltd has received a contract worth ₹2,646.50 million, including GST, from Bharat Sanchar Nigam Limited (BSNL) for telecom network work under the BharatNet project in the Sikkim Telecom Circle, according to a regulatory filing submitted on May 20, 2026.
The order relates to the design, supply, construction, installation, upgradation, operation and maintenance of the middle mile network for BharatNet in Sikkim.
The filing stated that the project is to be completed within 1,095 days from the appointed date. The contract has been awarded by a domestic entity and will be executed in the Sikkim Telecom Circle.
Middle mile networks are part of telecom backbone infrastructure and are used to connect core fibre networks with local access points. Such projects are commonly linked to broadband expansion and rural telecom connectivity programmes.
The contract includes network rollout, installation, upgradation, and maintenance work during the execution period.
The company also stated in the filing that the transaction is not a related party transaction. It added that the promoter group and associated companies do not have any interest in the entity awarding the contract.
The disclosure was signed by Meghana M P, Company Secretary and Compliance Officer of the company. PACE Digitek’s registered office is located in Bengaluru, Karnataka.
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As of May 20, 2026, 3:24 pm, Pace Digitek Ltd share price was trading at ₹178.95, up 0.41% from the previous closing price.
The project forms part of BharatNet-related network expansion work in Sikkim. According to the filing, the contract will be executed over nearly 3 years.
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Published on: May 20, 2026, 3:36 PM IST
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