Integrated Governance


Pace Automation Limited


General information about company

Scrip code000000
NSE SymbolNOTLISTED
MSEI SymbolPACEAUTO
ISININE413R01029
Date of start of financial year01-04-2026
Date of end of financial year31-03-2027
Reporting Quarter TypeQuarterly
Date of Quarter Ending30-06-2026
Type of companyEquity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity?NoThe details of the Paid Up Equity Share Capital and Net Worth of the Company as per the last Annual Audited Financial Statements of the Company as on 31st March 2026 are as follows: a) Paid Up Equity Share Capital: Rs.3,02,33,710 (Rupees Three Crores Two Lakhs Thirty Three Thousand Seven Hundred and Ten Only) b) Net Worth: Rs.3,34,14,264 (Rupees Three Crores Thirty Four Lakhs Fourteen Thousand Two Hundred and Sixty Four Only) Please note that the Paid-Up Equity Share Capital and Net Worth of the Company as on 31st March, 2026 are below the prescribed limits as per Regulation 15(2) of SEBI (LODR) Regulations, 2015 for applicability of compliance of provisions of Corporate Governance. Therefore, as the Company falls in the ambit of aforesaid exemptions, hence compliance with the Corporate Governance provisions specified in aforesaid regulations shall not be applicable to the Company. Hence, the Company is not required to submit the Corporate Governance Compliance Report as required under Regulation 27(2) of SEBI (LODR), Regulations, 2015 for the quarter ended on 30th June, 2026.
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity?Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity?NoSince, the Company has not acquired any Shares or Voting Rights in any Unlisted Company during the quarter ended 30th June, 2026, hence reporting under this clause is not applicable to the Company.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity?Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity?Yes
Is SCORE ID Available ?Yes
SCORE Registration IDp00449
Reason For No SCORE ID
Type of SubmissionOriginal
Remarks (website dissemination)

Investor Grievance Details

No. of investor complaints pending at the beginning of Quarter
No. of investor complaints received during the Quarter0
No. of investor complaints disposed off during the Quarter0
No. of investor complaints those remaining unresolved at the end of the Quarter0

Disclosure of Imposition of Fine or Penalty The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:

Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr.No.Name of the authorityNature and details of the action(s) taken or order(s) passedDate of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authorityDetails of the violation(s)/ contravention(s) committed or alleged to be committedImpact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1The Metropolitan Stock Exchange of India Limited (MSEI)Intimation of non-compliance under Regulation 31 of SEBI (LODR) Regulations, 2015, imposition of SOP Fines as per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020 and consequent freezing of Demat Accounts of the Promoters of the Company The Stock Exchange levied SOP Fines of Rs.16,520 for the said non-compliance.01-06-2026Non-compliance with Regulation 31 of the SEBI (LODR) Regulations, 2015 due to a delay of 7 days in filing the Shareholding Pattern of the Company for the quarter ended 31st March, 2026There is no material impact on financial, operation or other activities of the Company. The Company has paid the entire fine of Rs.16,520 levied by the Stock Exchange on 19th June 2026 and the demat accounts of the Promoters have been unfrozen by the Depositories. Further, the Company filed the Shareholding Pattern on 28 April 2026, thereby ensuring compliance with the provisions of Regulation 31 of the SEBI (LODR) Regulations, 2015, albeit with a delay of 7 days.
2The Metropolitan Stock Exchange of India Limited (MSEI)Intimation of non-compliance under Regulation 29 of SEBI (LODR) Regulations, 2015, imposition of SOP Fines as per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020 and consequent freezing of Demat Accounts of the Promoters of the Company. The Stock Exchange levied SOP Fines of Rs.11,800 for the said non-compliance24-06-2026We acknowledge that 28th May 2026, being an Exchange Holiday on account of Bakrid, was inadvertently considered while calculating the prior intimation period under Regulation 29 of the SEBI (LODR) Regulations, 2015. Accordingly, the intimation filed on 27th May 2026 for the Board Meeting held on 30th May 2026 effectively provided only one working day's notice. We regret this inadvertent oversight, which occurred as our administrative offices were operational on 28th May 2026 and the lapse was entirely unintentional.There is no material impact on financial, operation or other activities of the Company.

Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr.No.Name of the opposing partyDate of initiation of the litigation / disputeStatus of the litigation / dispute as per last disclosureCurrent status of the litigation / dispute
1Deputy Commercial Tax Officer, Adyar, Chennai South, Tamil Nadu - GST Department30-12-2023An order for tax demand of ? 7,33,438 along with interest and penalty of ? 8,30,937 has been issued. An appeal has been preferred against the order and we are yet to receive subsequent hearing notice from the GST department.An appeal has been preferred against the order and we are yet to receive subsequent hearing notice from the GST Department.
2Commercial Taxes Department, Government of Tamil Nadu Office of Assistant Commissioner (ST), Adyar Assessment Circle, Commercial Taxes Department, Government of Tamil Nadu02-08-2025The GST Department has raised a potential demand of Rs.27,68,579, comprising a Tax demand of Rs.15,82,516, Interest of Rs. 10,27,812 and a Penalty of Rs.1,58,251 under Section 73 of the CGST/TN GST Act, 2017.The Company submitted its reply to the Show Cause Notice on August 20, 2025, and firmly believes that it has strong legal and factual grounds to challenge the demand. The Company is taking all necessary steps to present and defend its case before the relevant authorities and address the demand accordingly. At this stage, the Company does not anticipate any material financial impact. Following the submission of the response, the Company expects that the majority of the demand will be quashed by the GST Department, with only a minor amount potentially remaining for payment. The Company is awaiting the Department's response.In an order dated 11.12.2025 the proper officer observed that the taxpayer has claimed a lesser amount of ITC in GSTR-3B as compared to GSTR-2A. However, the ITC claimed amount was inadvertently not reported in Table 6I of GSTR-9. Since this is only a declaration error and there is no excess claim of ITC, the proposed defect was hereby dropped. The Proper Officer identified certain ITC as ineligible under Section 17(5) and issued an order raising a demand of ?22,936 relating to FY 2021–22. The Company is likely to pay the said amount.