Powerica Limited announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. The Board of Directors considered and approved these results during their meeting held on November 05, 2026. The results include the standalone and consolidated financial statements, along with the limited review report from statutory auditors. Several other key matters were also approved, including the utilization of IPO funds and the sale of shares in a subsidiary.
Unaudited Financial Results Released
Powerica Limited has officially released its unaudited standalone financial results for the quarter and half-year ending September 30, 2026. This announcement was made following a Board of Directors’ meeting held on November 05, 2026.
Key Approvals and Disclosures
During the meeting, the Board of Directors of Powerica Limited approved several critical items. These included:
- The unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statement. The Limited Review Report from the Statutory Auditors was also enclosed.
- A statement detailing any deviation(s) or variation(s) in the utilization of funds raised through the Initial Public Offer (IPO) for the quarter ended September 30, 2026.
- The sale of 1,22,500 equity shares of Windstride Power Private Limited (representing 49% of its paid-up share capital) to GE Renewable R&D India Private Limited. This transaction will result in Windstride ceasing to be a wholly-owned subsidiary, although Powerica will retain 51% of the equity share capital.
- A postal ballot notice for seeking shareholders’ approval for granting a loan to Windstride Power Private Limited.
- Amendments to the Policy on Code of Conduct for regulating, monitoring, and reporting of trading by Insiders and related policies.
- Authorization of Key Managerial Personnel for making disclosures and filing necessary intimations with the Stock Exchanges.
The company has also made available its financial results on its website and through stock exchange filings.
Source: BSE
