Acquisition

Date: July 16, 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, Bandra Kurla Dalal Street, Mumbai – 400 001 Complex, Bandra (E), Mumbai – 400 051 Scrip Code: 544744 Symbol: POWERICA Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) This is to inform you that the Board of Directors of Powerica Limited (“the Company”) at their meeting held on April 21, 2026, approved an investment of INR 3,00,00,000/- (Indian Rupees Three Crore only) in Fuji-Kailash Energy Private Limited (‘FKEPL’) representing up to 49% of the equity share capital of FKEPL. The investment was completed, and the equity shares were allotted to the Company on May 22, 2026. In the course of transitioning to the comprehensive compliance framework mandated by the SEBI Listing Regulations following our recent IPO, this disclosure was unintentionally overlooked. The Company identified this gap during a proactive internal review and is addressing it immediately. The Company regrets this oversight and has strengthened its internal compliance systems to ensure strict adherence to all regulatory standards moving forward. The details as required under the SEBI Listing Regulations read with the SEBI Master Circular No. SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as “Annexure - A”. 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 Place: Mumbai 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 Details under Regulation 30 of the SEBI Listing Regulations read along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1. name of the target entity, details Name of the Target Entity: Fuji-Kailash Energy in brief such as size, turnover etc. Private Limited (“FKEPL”) Details of the FKEPL: Authorised share capital: INR 3,60,00,000/- Paid-up share capital (pre-investment): INR 1,80,00,000/- Paid-up share capital (post-investment): INR 3,52,91,060/- Turnover: Nil 2. whether the acquisition would fall This transaction does not constitute a related within related party transaction(s) party transaction. and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; 3. industry to which the entity being Renewable Power Generation acquired belongs; 4. objects and impact of acquisition Object of Acquisition and its Impact: (including but not limited to, • Entry into de-risked renewable asset disclosure of reasons for • Long-term revenue visibility acquisition of target entity, if its • Strengthens the Company's renewable business is outside the main line of portfolio and venturing into Solar Power business of the listed entity); Projects • Supports ESG framework 5. brief details of any governmental No governmental or regulatory approval is or regulatory approvals required required for the said acquisition. for the acquisition; 6. indicative time period for The acquisition was completed on May 22, completion of the acquisition; 2026. 7. consideration - whether cash Cash consideration consideration or share swap or any Sr. Particulars Details other form and details of the same; 8. cost of acquisition and/or the price Investment of INR 3,00,00,000/- at which the shares are acquired; (17,29,106 equity shares of INR 10/- each) 9. percentage of shareholding / The Company has acquired 49% of control acquired and / or number shareholding of FKEPL. of shares acquired; 10. brief background about the entity Brief background of FKEPL. acquired in terms of products/line Line of Business: FKEPL is engaged in the of business acquired, date of business of generation and distribution of incorporation, history of last 3 renewable power, encompassing solar, wind, years turnover, country in which hybrid, and bio-energy solutions. the acquired entity has presence and any other significant Date of Incorporation: The company was information (in brief); incorporated on July 26, 2025. Turnover History: As the company was incorporated on July 26, 2025, it does not have a three-year financial turnover history. Country of Presence: The company operates within India, with its registered office located in Ahmedabad, Gujarat. Significant Information: FKEPL is a newly incorporated entity focused on the renewable energy sector.