Announced Sat, 27 Jun · 19:29 IST
Powerica incorporates Whisperwind Renewable as wholly owned subsidiary
Strategic Transactions View source PDF
POWERICA · price
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Price reaction · full curve 14 horizons · vs prior close
-6.7%1-day move
₹659.05
prior close
₹668.50
base price
After-mkt
timing
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-2.1-3.0-3.2-3.1-6.7-6.7-9.0-13.9-16.3-17.9-14.0———
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AI summary
Powerica Ltd has incorporated Whisperwind Renewable Private Limited (WRPL) as a wholly owned subsidiary in India on June 27, 2026. WRPL will focus on renewable energy, including wind, solar, and wind-solar hybrid power projects. Powerica subscribed to 2,50,000 equity shares at INR 10 each, totaling INR 25 lakh, giving it 100 percent control.
Likely market impact
Strategic entry into renewable energy; modest initial outlay of INR 25 lakh for 100 percent owned subsidiary with long-term growth potential.