Announced Wed, 15 Jul · 17:46 IST
Powerica gets Income Tax show cause notice for AY 2021-22
Regulatory & Legal View source PDF
POWERICA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹576.95
prior close
₹582.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1-0.3+0.1-0.1-1.0-1.8-2.7-4.1-4.0-2.1————
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AI summary
Powerica received a Show Cause Notice under Section 270A of the Income Tax Act for Assessment Year 2021-22, downloaded from the Income Tax portal on July 15, 2026. This follows an Assessment Order dated March 26, 2026, for which a rectification request was already filed. The company says there is no material impact on financials, operations, or activities, and is evaluating next steps.
Likely market impact
Company calls it minor with no material financial or operational impact stated. Outcome of the tax dispute is pending.