Powerica incorporates wholly owned subsidiary Whisperwind Renewable
POWERICA · price
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Powerica Limited has incorporated a wholly owned subsidiary named Whisperwind Renewable Private Limited on June 27, 2026 in India. The new entity will operate in the renewable energy sector, focusing on wind, solar, and wind-solar hybrid power projects. Powerica subscribed to 100% of the paid-up share capital, amounting to 2,50,000 equity shares at INR 10 each, totaling INR 25 lakh in cash consideration. This follows an earlier intimation dated May 28, 2026.
Minor investment of INR 25 lakh into a new renewable energy subsidiary; signals Powerica's expansion into clean energy but too small to materially affect share price.