Powerica Merger & Restructuring Worth ₹2.12 Cr

Powerica Other Announcement

Powerica Ltd filed Crisil's Monitoring Agency Report for the quarter ended September 30, 2026, on utilisation of its Rs 700 crore IPO proceeds. The report notes no deviation from the objects of the issue.

Powerica Q2 FY27 Results: Net Profit ₹70.9 Cr, Down 15.6% YoY

Powerica Ltd reported revenue from operations of ₹847.6 Cr (+1.9% YoY) and net profit of ₹70.9 Cr (-15.6% YoY) for Q2 FY27.

Key figure

Net profit ₹70.9 Cr · -15.6% YoY

Powerica Board Meeting Date

Powerica Ltd scheduled a board meeting for November 5, 2026, to consider and approve financial results for the quarter and half year ended September 30.

Powerica Bags ₹1,250 Cr Order from Gujarat Urja Vikas Nigam Limited

Powerica Ltd received an LOI from Gujarat Urja Vikas Nigam Limited for a 50 MW wind power project, valued at ₹1,250 Crore.

Value

₹1,250 Cr

From

Gujarat Urja Vikas Nigam Limited

Execution

Within 24 months from the date of Power Purchase Agreement (PPA)

wind power capacity

50.0 MW

Powerica Bags New Order from Gujarat Urja Vikas Nigam Limited

Powerica Ltd received a Letter of Intent for a 50 MW wind power project from Gujarat Urja Vikas Nigam Limited. This contract expands the company's power generation capacity.

From

Gujarat Urja Vikas Nigam Limited (GUVNL)

Execution

24 months from PPA date

wind power capacity

50.0 MW

Powerica Other Announcement

This is a routine quarterly shareholding pattern filing under Regulation 31(1)(b). It discloses shareholding distribution and mentions a pending share transmission due to a promoter's demise.

Oval Projects Engineering Merger & Restructuring

Oval Projects Engineering will form a 50:50 joint venture with Eiko Scientific Solutions LLP for renewable energy. The board also deferred a warrant fundraise to a later meeting.

SecMark Consultancy Merger & Restructuring Worth ₹0.01 Cr

SecMark Consultancy's board approved incorporating wholly owned subsidiary SecMark Mineral Exchange Private Limited. The company will subscribe Rs 1 lakh for its initial share capital.

Value

₹0.01 Cr

Eiko Lifesciences Merger & Restructuring

Eiko Lifesciences' wholly owned subsidiary Eiko Scientific Solutions LLP will form a 50:50 joint venture, Oval Eiko Resources, with Oval Projects Engineering. The JV targets compressed bio gas production and distribution.

Welspun Enterprises Merger & Restructuring Worth ₹339.4 Cr

Welspun Enterprises completed the final tranche sale of its 51% stake in associate NXT Infra MCP to NXT-Infra Trust for about ₹339.38 Crore. NXT Infra MCP ceases to be an associate of the company.

Value

₹339.4 Cr

Rashi Peripherals Merger & Restructuring

Rashi Peripherals' board approved a share purchase and shareholders' agreement to sell 26% of subsidiary Rashi Semiconductor Solutions to Restar Corporation, Japan. Execution remains subject to approvals.

Span Divergent Merger & Restructuring Worth ₹5 Cr

Span Divergent's board approved selling its Mumbai immovable property to Glorious Sales LLP, an unrelated buyer, for up to Rs.5 Crore. Completion is expected by March 31, 2027.

Value

₹5.00 Cr

Execution

Agreement to be executed on or before March 31, 2027; sale expected to complete on or before March 31, 2027