Powerica Limited (POWERICA) — Announcement

· NSE Neutral
📢 Key Event
Powerica incorporates Windfusion Renewable Private Limited as wholly owned subsidiary
🔄 What Changed
100% control of new subsidiary established
💡 Investor Takeaway
The incorporation creates a dedicated vehicle for renewable projects, potentially unlocking future growth and ESG-aligned investment opportunities.

Powerica Limited announced the incorporation of its wholly owned subsidiary Windfusion Renewable Private Limited on June 26, 2026, to develop renewable energy projects including wind and solar farms. The new entity received MCA approval and will be fully owned by Powerica, marking its entry into renewable power generation. This strategic move diversifies the company's portfolio into clean energy and positions it for future growth opportunities in India's expanding renewable sector.

📄 View Original Announcement (PDF)

About Powerica Limited (POWERICA)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹6,958.45 Cr

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