Powerica Legal & Regulatory

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 Merger & Restructuring Worth ₹2.12 Cr

Powerica plans to sell a 49% stake in Windstride Power to GE Renewable for ₹2.12 Crore cash. Completion is expected within six months, by May 2027.

Value

₹2.12 Cr

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

Federal Bank Legal & Regulatory

Federal Bank won its appeal against a Rs 0.15 Crore CGST penalty on November 13, 2026, setting the order aside. The Bank reports nil financial impact.

Value

₹0.15 Cr

DCM Legal & Regulatory

DCM's board noted an exchange fine of ₹35,000 plus GST for delayed Regulation 17(1) board-independence compliance, which was paid. The board advised stronger compliance monitoring.

Value

₹0.00 Cr

Earthstahl & Alloys Legal & Regulatory

Earthstahl & Alloys disclosed its board's comments on a BSE fine of Rs.1,180 incl. GST for delayed appointment of a compliance officer under Regulation 6(1). The board noted the delay was procedural and not wilful.

Value

₹0.00 Cr

CG-VAK Software & Exports Legal & Regulatory

CG Vak Software received an ROC adjudication order imposing a Rs.1.63 lakh penalty on the company and Rs.0.50 lakh on its Company Secretary. The penalty relates to delayed MR-1 filings for the MD and CEO reappointment.

Value

₹0.02 Cr

Vaxtex Cotfab Legal & Regulatory

Vaxtex Cotfab received an NSE warning letter for a late disclosure of its no-objection application on promoter reclassification. The company says the delay was inadvertent and it will ensure timely filings.

PG Electroplast Legal & Regulatory

PG Electroplast's KMPs received a SEBI show cause notice over alleged insider trading violations. No financial impact is expected, and the noticees are evaluating it.