Powerica Board approves FY26 results, forms 2 new WOS

Powerica Limited's Board of Directors, at its meeting on May 28, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The statutory auditors, Kapoor & Parekh Associates, issued an unmodified opinion on these results. Additionally, the Board approved the incorporation and investment in two new Wholly Owned Subsidiaries (WOS) under the Companies Act, 2013. Other key decisions included the appointment of M/s. DMKH & Co. as Internal Auditor for FY 2026-27 and the reconstitution of the Audit Committee, with Mr. Udaya Jena appointed as Chairman.