Powerica Limited Announces 42nd AGM and Strong Financial Results

Revenue from operations reached Rs 3,011.52 crore; Profit after tax stood at Rs 277.31 crore.

Reader Takeaway: Strong operational growth supports the AGM agenda, with leadership stability prioritized through key board re-appointments.

What just happened

Powerica Limited has issued a notice for its 42nd Annual General Meeting (AGM) scheduled for September 24, 2026, at 11:30 AM via video conferencing. The meeting will focus on the adoption of audited financial statements for FY 2025-26 and the formalization of board appointments.

Why this matters

The filing underscores a strong financial performance for the year, with a 61.05% year-on-year increase in profit after tax. The meeting serves as a critical governance exercise, covering the re-appointment of whole-time directors and the ratification of remuneration for cost auditors and independent board members.

Key Agenda Items

Shareholders will vote on several leadership appointments, including the re-appointment of Jai Ram Oberoi, Renu Naresh Oberoi, and Pradeep Omprakash Gupta. Additionally, the board has proposed a second five-year term for independent directors Udaya Shankar Jena and Sunil Godwin Lobo, signaling a focus on long-term institutional continuity.

Context Metrics (FY 2025-26)

• Revenue: Rs 3,011.52 crore (Up 13.50% YoY)
• EBITDA: Rs 386.31 crore (Up 11.81% YoY)
• Profit after Tax: Rs 277.31 crore (Up 61.05% YoY)

What to track next

Eligible shareholders should note the cut-off date for e-voting is September 17, 2026. Remote e-voting will remain open from September 21, 2026 (9:00 AM) to September 23, 2026 (5:00 PM) ahead of the virtual AGM.