Clarification10 Aug 2026, 06:22 pm
Powerica Ltd Denies Dividend Rumours, Calls Them Baseless
AI Summary
Powerica Ltd has issued a clarification addressing recent unverified market rumours regarding the alleged declaration of a dividend. The company explicitly states that these rumours are baseless and factually incorrect. The Board of Directors, in its meeting held on August 7, 2026, did not consider, recommend, or declare any dividend. Powerica Limited reaffirmed its commitment to SEBI (LODR) Regulations, 2015, and assured that any material corporate actions will be officially communicated to the stock exchanges promptly. Investors are advised to rely on official company announcements.
Key Highlights
- Powerica Ltd denies market rumours about dividend declaration.
- No dividend was considered or declared by the Board on August 7, 2026.
- The company confirms rumours are baseless and factually incorrect.
- Commitment to SEBI regulations and timely disclosure reiterated.
Price Impact
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