Powerica Ltd Re-appoints Sunil Lobo as Independent Director

Powerica Limited announced the re-appointment of Mr. Sunil Lobo as an Independent Director for a second term of five consecutive years, effective June 27, 2027. This decision was made during the Board of Directors meeting held on August 7, 2026. Mr. Lobo has confirmed his independence as per regulatory requirements and has not been debarred by any authority. The board also approved other agenda items including unaudited financial results, statement of deviation, re-appointment of other directors, appointment of additional director, and appointment of secretarial and cost auditors.