Powerica to host analyst and investor meet on June 15

0 min read     Updated on 10 Jun 2026, 12:53 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Powerica Limited announced a group meeting for analysts and institutional investors on June 15, 2026, in Mumbai. The session, starting at 4:00 pm, will be in-person and based on publicly available information, with no UPSI discussion.

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Powerica Limited will host a group meeting for analysts and institutional investors on June 15, 2026, in Mumbai. The company stated that the interaction will rely solely on publicly available information and no unpublished price sensitive information (UPSI) will be discussed during the session.

The meeting is scheduled to commence at 4:00 pm and will be held in-person. This initiative is pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

The following table outlines the key details of the scheduled meeting:

Date & Time Nature of Meeting Place Mode of Interaction
15 June 2026
4:00 pm onwards
Group Meeting Mumbai In-person

Anita Renuse, Company Secretary & Compliance Officer of Powerica Limited , signed the intimation regarding the schedule. The company noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The information will also be available on Powerica Limited's official website.

Historical Stock Returns for Powerica

1 Day5 Days1 Month6 Months1 Year5 Years
-5.54%-18.69%-13.45%+13.06%+13.06%+13.06%

What strategic topics or recent performance metrics is Powerica likely to emphasize during this meeting?

How might the market react to the insights shared, given the restriction on discussing unpublished price-sensitive information?

What potential growth areas or challenges could Powerica highlight that align with current industry trends?

Powerica receives GST demand notice of Rs. 5,67,694.87 from MIDC

1 min read     Updated on 05 Jun 2026, 06:03 PM
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Ashish TScanX News Team
AI Summary

Powerica Limited received a GST demand notice from MIDC for Rs. 5,67,694.87 regarding FY 2026-27. The company reported no material financial impact and is evaluating its next steps.

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Powerica Limited has received a Demand Notice from the Maharashtra Industrial Development Corporation (MIDC) for the recovery of Goods and Services Tax (GST) for a past period. The notice, received on June 05, 2026, pertains to FY 2026-27 and demands a payment of Rs. 5,67,694.87 along with interest. The company stated that there is no material impact on its financials, operations, or other activities as a result of this demand.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. MIDC issued the recovery notice for the collection of the tax amount. Powerica clarified that no aberrations or non-compliances were identified by the authority in the communication, and no penalties or sanctions have been imposed.

The company is currently evaluating the notice and is in the process of deciding an appropriate course of action. The management affirmed that the details provided in the filing are true, correct, and complete to the best of their knowledge and belief.

Details of the Demand Notice

Particulars Details
Authority Maharashtra Industrial Development Corporation
Type of Communication Demand for Recovery of GST for the Past Period
Date of Receipt June 05, 2026
Period Applicable FY 2026-27
Amount Demanded Rs. 5,67,694.87
Financial Impact No material impact on financials, operations, or activities
Penalty/Sanction Not Applicable
Action Taken Company is deciding an appropriate course of action

Historical Stock Returns for Powerica

1 Day5 Days1 Month6 Months1 Year5 Years
-5.54%-18.69%-13.45%+13.06%+13.06%+13.06%

What specific legal or administrative steps is Powerica considering to contest or settle the GST demand?

Could this recovery notice indicate a broader trend of increased scrutiny by MIDC on similar infrastructure companies?

How will the company's decision to appeal this notice affect its short-term liquidity or cash flow management?

More News on Powerica

1 Year Returns:+13.06%