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Powerica appoints new independent director and reshapes key board committees

Story Highlights
  • Powerica approved unaudited Q3 and nine-month FY2025 results and appointed Rabindra Nath Nayak as an additional non-executive independent director.
  • After Maheswar Sahu’s resignation, Powerica reconstituted its Audit, Nomination and Remuneration, and CSR committees to maintain governance continuity.
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An announcement from Powerica Limited ( (IN:POWERICA) ) is now available.

Powerica Limited’s board has approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, in line with regulatory disclosure requirements. The company also announced the appointment of Rabindra Nath Nayak as an additional non-executive independent director for a five-year term, subject to shareholder approval via postal ballot.

Following the resignation of independent director Maheswar Sahu effective 16 April 2026, the board has reconstituted its Audit, Nomination and Remuneration, and Corporate Social Responsibility committees to reflect the updated board composition. These governance changes signal an effort to maintain robust board oversight and continuity in key committees despite recent director-level transitions.

More about Powerica Limited

Powerica Limited operates in the power solutions sector, with a registered and corporate marketing office in Mumbai and a network of offices across major Indian cities. The company is listed on BSE and NSE, indicating a public market presence and a focus on serving diverse regional markets for its power-related products and services.

Average Trading Volume: 77,346

Current Market Cap: 53.42B INR

For a thorough assessment of POWERICA stock, go to TipRanks’ Stock Analysis page.

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