Please find enclosed herewith Postal Ballot Notice

Powerica Limited is seeking shareholder approval via postal ballot for the appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Independent Director for a 5-year term from April 21, 2026 to April 20, 2031. Mr. Nayak, aged 70, is a former Chairman & Managing Director of Power Grid Corporation of India Limited (PGCIL) with approximately 39 years of experience in the power sector. He holds a B.Tech from NIT Rourkela and M.Tech from IIT Kharagpur. The appointment requires a Special Resolution approval since he will continue as director after attaining the age of 75 years (on September 23, 2030), as mandated by SEBI regulations. E-voting period runs from May 12, 2026 to June 10, 2026. The company has appointed Mr. Martinho Ferrao as Scrutinizer for the postal ballot process.