Powerica Limited Authorizes Key Managerial Personnel for Regulatory Disclosures

Powerica Limited has notified the stock exchanges about the authorization of Key Managerial Personnel for regulatory disclosure purposes under SEBI regulations. The company communicated this development to both BSE and NSE on April 02, 2026, ensuring compliance with listing obligations.

Authorized Personnel Details

Under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Powerica Limited has authorized two senior executives as Key Managerial Personnel for determining materiality of events and making disclosures to stock exchanges.

Sr. No.	Name	Designation
1.	Mr. Ritesh Kumar Agrawal	Group Chief Financial Officer
2.	Ms. Anita Praful Renuse	Company Secretary and Compliance Officer

These authorized persons will be severally responsible for assessing the materiality of corporate events and information, ensuring timely and appropriate disclosures to regulatory authorities and investors.

Regulatory Compliance Framework

The authorization falls under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to designate Key Managerial Personnel for disclosure-related responsibilities. This regulatory framework ensures that material information reaches investors and stakeholders in a timely and structured manner.

The communication was digitally signed by Ms. Anita Renuse, Company Secretary and Compliance Officer (ACS:25102), and submitted to both stock exchanges for record and dissemination to all concerned parties. This step reinforces Powerica Limited's commitment to maintaining transparent corporate governance practices and regulatory compliance standards.

Powerica has outlined its growth expectations for its generator set business, projecting steady revenue increases in the coming period. The company announced that it anticipates revenue growth of 10% to 11% in its genset business segment, demonstrating confidence in its market position and operational capabilities.

Business Growth Projections

The power solutions company shared its optimistic outlook during discussions with CNBC TV18, emphasizing the steady nature of the expected growth. The projected growth rate of 10% to 11% suggests a measured but consistent expansion strategy for the genset division.

Business Segment:	Projected Growth Rate
Generator Set Business:	10% to 11%
Growth Pattern:	Steady

Market Position

Powerica's growth projections indicate the company's confidence in the generator set market dynamics and its ability to capture market opportunities. The announcement reflects the company's strategic focus on its power generation equipment business and suggests positive market conditions in the sector.

The steady growth projection demonstrates Powerica's commitment to sustainable business expansion in the power solutions industry, positioning the company for consistent performance in its core genset operations.