Price movement

Powerica Limited has responded to the National Stock Exchange (NSE) regarding a significant movement in its share price. The Exchange had requested clarification to ensure investors have relevant information and to safeguard their interests. In its response, Powerica Limited stated it has already intimated the stock exchanges about all events and information impacting its operations/performance, as per SEBI regulations. This implies the company is unaware of any undisclosed material information or specific new development driving the recent price fluctuation. Investors should note the company has affirmed compliance with disclosure norms and has not provided any new reason for the price movement.