Quarterly Result29 May 2026, 02:23 am
Powerica Board Approves FY26 Results, Reconstitutes Audit Committee, Forms WOS
AI Summary
Powerica Limited's Board of Directors approved its Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026, with an unmodified opinion from statutory auditors. The board also appointed M/s. DMKH & Co. as the internal auditor for FY 2026-27 and reconstituted the Audit Committee, with Mr. Udaya Jena as Chairman. Furthermore, the company approved the incorporation and investment in two new Wholly Owned Subsidiaries.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY26.
- Statutory auditors issued an unmodified opinion on FY26 results.
- Audit Committee was reconstituted with Mr. Udaya Jena as Chairman.
- M/s. DMKH & Co. appointed as internal auditor for FY2026-27.
- Approval granted for two new Wholly Owned Subsidiaries.
Price Impact
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