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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, reinforcing its ongoing disclosure and compliance practices as a listed entity. The company also recorded the resignation of independent director Maheswar Sahu, with the board expressing appreciation for his contributions.
The board appointed Rabindra Nath Nayak as an additional non-executive independent director for a five-year term from 21 April 2026, subject to shareholder approval via postal ballot. Following the board changes, Powerica reconstituted its audit, nomination and remuneration, and corporate social responsibility committees, signaling a refreshed governance structure intended to maintain continuity and oversight after the board-level transition.
More about Powerica Limited
Powerica Limited is an India-based power solutions company engaged in manufacturing and marketing power generation equipment and related services. Listed on both BSE and NSE, the company serves a broad industrial and commercial customer base across multiple Indian cities, positioning itself as a key player in the domestic power and energy infrastructure segment.
Average Trading Volume: 77,346
Current Market Cap: 53.42B INR
For a thorough assessment of POWERICA stock, go to TipRanks’ Stock Analysis page.