General Updates

Date: June 29, 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, Bandra (E), Mumbai – 400 051 Scrip Code: 544744 Symbol: POWERICA Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir / Madam, In continuation of our disclosure dated May 27, 2026, regarding the intimation of Tax Demand amounting to Rs. 30,27,98,870/- under Section 143(1) of the Income Tax Act, 1961 (the “Act”) for the Assessment Year 2025-26, and pursuant to the provisions of Regulation 30 of SEBI Listing Regulations, we hereby inform that the Company has received a rectification order under sec 154 of the Act dated June 29, 2026 revising the demand to Rs. 31,13,00,750/-. It is pertinent to note that the Company had previously filed a formal response with the Income Tax Authorities on June 17, 2026, in relation to the initial demand. The order is rectifiable and the Company is reviewing the order and evaluating the next steps in this matter. 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 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 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 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 PowericaLimited 2. Type of communication received Rectification Order received on June 29, 2026 w.r.t. sec 154 of the Act for the Assessment Year 2025-26. 3. Date of receipt of communication June 29, 2026 at 01:25 PM. 4. Authority from whom Centralized Processing Center, Income Tax communication received Department, Bengaluru 5. Brief summary of the material Tax Demand of Rs. 31,13,00,750/- under Sec 154 of contents of the communication the Act in respect of Assessment Year 2025-26. received, including reasons for Revised Tax demand is received on account of TDS receipt of the communication set-off. 6. Period for which AssessmentYear2025-26. 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 order passed for 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 NotApplicable. restriction or sanction imposed pursuant to the communication 10. Action(s) taken by listed company The Order is rectifiable and the Company is with respect to the reviewing the order and evaluating the next step in communication this matter. Further, the Company has filed rectification application against the earlier order, dated June 17, 2026 for the rectification under sec 154 of the Act. 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