Powerica Limited — JV/Acquisition, 16-07-2026: Acquisition

Powerica Limited has invested ₹3 Cr for a 49% stake in Fuji-Kailash Energy Private Limited (FKEPL). This move strategically expands Powerica's renewable energy portfolio, entering the solar power project space. The acquisition is expected to offer long-term revenue visibility and align with ESG objectives, strengthening Powerica's position in the green energy sector. FKEPL focuses on solar, wind, and hybrid energy solutions.