General Updates

Date: November 05, 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: Outcome of the Board Meeting held on November 05, 2026 Ref: Disclosures pursuant to Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') Dear Sir/ Madam, This is to inform you that the Board of Directors of Powerica Limited ("the Company") at its meeting held today, i.e. Thursday, November 05, 2026, have inter-alia, considered and approved the following matters: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026 along with the Statement of Assets and Liabilities and the Cash Flow Statement as at September 30, 2026 together with the Limited Review Report of the Statutory Auditors thereon, as recommended by the Audit Committee, enclosed herewith as 'Annexure A'. 2. The statement of Deviation(s) or Variation(s), pursuant to Regulation 32 of the SEBI Listing Regulations, regarding the utilization of funds raised through Initial Public Offer (“IPO”) for the quarter ended September 30, 2026, enclosed herewith as ‘Annexure B’. 3. Sale of 1,22,500 equity shares of Windstride Power Private Limited (“Windstride”), wholly owned subsidiary of the Company, representing 49% of its paid-up share capital, to GE Renewable R&D India Private Limited. Consequently, Windstride will cease to be a wholly- owned subsidiary of the Company w.e.f. the date of transfer of shares. The Company will continue to hold 51% of the equity share capital in Windstride and accordingly, it shall continue to remain a subsidiary of the Company. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as ‘Annexure C’. 4. Postal ballot notice for approval of shareholders for granting loan to Windstride Power Private Limited, subsidiary of the Company. 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 Postal Ballot Notice shall be sent to the shareholders in due course and the same shall be filed with the stock exchanges. 5. Amendment to the Policy on Code of Conduct for regulating, monitoring, and reporting of trading by Insiders and their immediate relatives, in accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time. The amended policy will be made available on the website of the Company at https://www.powericaltd.com/investor-relations/corporate-governance 6. Amendment to the Policy on Code of practices and procedures for fair disclosure of unpublished price sensitive information, in accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time. The amended policy will be made available on the website of the Company at https://www.powericaltd.com/investor-relations/corporate-governance 7. Authorising the following Key Managerial personnel of the Company for making disclosures and filing necessary intimations, announcements and other documents with the Stock Exchanges. Name Designation Contact details Mr. Jai Ram Oberoi Whole-time Director Mr. Ritesh Kumar Group Chief Financial +91 22 6656 2525 Agrawal Officer investorrelations@powericaltd.com Ms. Anita Renuse Company Secretary & Compliance Officer The Board meeting commenced at 05:30 p.m. and concluded at 06:30 p.m. Additionally, Press Release and Investor Presentation dated November 05, 2026 with respect to the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026 are enclosed herewith as ‘Annexure D’. The above information will also be available on the website of the Company 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 Annexure A KAPOOR & PAREKH ASSOCIATES CHARTERED ACCOUNTANTS Limited Review Report on unaudited standalone financial results of Powerica Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Powerica Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Powerica Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statement"). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently doe!l not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in Paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Other Matters: Attention is drawn to the fact that the figures for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025, as reported in these unaudited standalone financial results have been approved by the Company's Board of Directors, but have not been subjected to review, as the Company was listed in April 2026 and the requirement of submission of quarterly financial results with limited review became applicable from the quarter ended 31 December 2025. Our conclusion is not modified in respect of matters specified in paragraph 5 above. For Kapoor & Parekh Associates Chartered Accountants ICAI FRN 104803W Ankit Parekh Partner M. No. 160398 UDIN: 26•603Ul&LOQ,..1cn1t1' Mumbai, 05 November 2026 701, Business Suites 9, S.V. Road, Santacruz (W), Mumbai -400 054, India. [Showing first 8,000 characters — download PDF for full document]