General Updates

Date: July 15, 2026 To To Sr. General Manager Sr. General Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Scrip Code: 544744 Bandra (E), Mumbai – 400 051 Symbol: POWERICA Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Receipt of Show Cause Notice Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Company has downloaded a Show Cause Notice issued under Section 270A of the Income Tax Act, 1961, for the Assessment Year 2021-22, from the Income Tax portal on July 15, 2026. The Company has submitted a formal request for the rectification of the underlying Assessment Order under Section 147 read with Section 144B of the Income Tax Act, 1961, dated March 26, 2026. Accordingly, the details required to be furnished under Industry Standards note on Regulation 30 of SEBI Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD- PoD-2/P/CIR/2025/25 dated February 25, 2025 is annexed herewith as Annexure A. Further, in terms of Industry Standards note on Regulation 30 of the SEBI Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025, we also hereby state and declare that the information and details provided in Annexure A, are in compliance with Regulation 30(13) of the SEBI Listing Regulations, and are true, correct and complete to the best of our knowledge and belief. POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400021 CIN: L31100MH1984PLC032825 | Tel: 022 66562525 | Email: investorrelations@powericaltd.com | Web: www.powericaltd.com This intimation can also be accessed on the Company’s website at www.powericaltd.com You are requested to kindly take the same on record. For Powerica Limited Anita Renuse Company Secretary & Compliance Officer ACS: 25102 POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400021 CIN: L31100MH1984PLC032825 | Tel: 022 66562525 | Email: investorrelations@powericaltd.com | Web: www.powericaltd.com Annexure – A Disclosure of information pursuant to Industry Standards note on Regulation 30 of the SEBI Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the SEBI Listing Regulations [Regulation 30(13) - Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sr. No. Particulars Details 1. Name of the listed company Powerica Limited 2. Type of communication received Show Cause Notice for Penalty under Section 270A of the Income Tax Act, 1961 3. Date of receipt of communication Downloaded from the Income Tax Portal on July 15, 2026 4. Authority from whom Income Tax Department communication received 5. Brief summary of the material This notice is received in connection with the contents of the communication Assessment Year 2021-22. The Company has received, including reasons for previously submitted a formal request for the receipt of the communication rectification of an Assessment Order dated March 26, 2026 under Section 147 read with Section 144B of the Income Tax Act, 1961 (the ‘Act’). This penalty notice appears to be a follow-up to those proceedings. 6. Period for which Assessment Year 2021-2022 communication would be applicable if stated 7. Expected financial implications There is no material impact on the financials of the on the listed company, if any Company, no impact on the operations or other activities of the Company relating to the said Assessment year in the current financial year. 8. Details of any aberrations/ non- Not Applicable. compliances identified by the authority in the communication 9. Details of any penalty or Not Applicable. restriction or sanction imposed pursuant to the communication POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400021 CIN: L31100MH1984PLC032825 | Tel: 022 66562525 | Email: investorrelations@powericaltd.com | Web: www.powericaltd.com Sr. No. Particulars Details 10. Action(s) taken by listed company The notice is rectifiable, the Company is reviewing with respect to the the order and evaluating the next step in this matter. communication 11. Any other relevant information NIL. POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400021 CIN: L31100MH1984PLC032825 | Tel: 022 66562525 | Email: investorrelations@powericaltd.com | Web: www.powericaltd.com