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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Powerica Ltd

Powerica Sells 49% Stake in Windstride Power to GE Renewable R&D

M&A ▲ Positive Development LOW RISK
📅 Filed on BSE: 05 Nov 2026, 09:46 PM IST  ·  BSE ID: 345b63bd-dfe8-4590-8ecd-3c58c7f46a59
View Original BSE Filing (PDF)
💡
In Simple Terms
Powerica sold 49% of its subsidiary, Windstride Power, to GE Renewable R&D, but still owns 51%.
🤖 AI Summary
  • Powerica Limited sold 1,22,500 equity shares, representing 49% of Windstride Power Private Limited, to GE Renewable R&D India Private Limited.
  • Windstride Power, previously a wholly-owned subsidiary, will continue as a subsidiary with Powerica retaining a 51% equity stake.
  • The Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026 (Q2 FY27).
  • A postal ballot notice will be issued for shareholder approval to grant a loan to Windstride Power Private Limited, a subsidiary.
  • Amendments to policies on Code of Conduct and Fair Disclosure for Insider Trading Regulations were also approved by the Board.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Equity shares of Windstride Power sold
1,22,500
Percentage of Windstride Power sold
49%
Powerica's retained stake in Windstride Power
51%
🏢 How This Affects the Company
📈
Business Impact
This transaction establishes a strategic partnership for Windstride Power with GE Renewable R&D India Private Limited, potentially benefiting its renewable energy operations and future projects. Windstride Power transitions from a wholly-owned to a subsidiary entity.
⚙️
Operational Impact
Windstride Power will now operate with GE Renewable R&D India Private Limited as a 49% shareholder, which could introduce new operational dynamics and synergies.
⚠️
Risk Impact
The sale diversifies ownership in Windstride Power, potentially reducing Powerica's sole financial and operational risk exposure to this entity.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to participate in the postal ballot for granting a loan to Windstride Power Private Limited when the notice is issued.
👤
Who Is Affected
All shareholders are affected as the company's subsidiary structure is changing and a loan to Windstride Power is being proposed. Those holding shares on the record date for the postal ballot will be eligible to vote.
🔍
Management Signal
Management is signaling a strategy of forming partnerships for its renewable energy assets while maintaining majority control, and also seeking shareholder approval for inter-company financial support.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Release of postal ballot notice for loan to Windstride Power and voting outcome.
Detailed financial results for Q2 FY27 (ended September 30, 2026) in 'Annexure A' of the filing.
Future disclosures regarding Windstride Power's projects and operational performance with GE Renewable R&D.
LOW RISK The transaction reduces direct ownership but forms a strategic alliance, with Powerica retaining majority control.
💡 Investor Takeaway
Powerica Limited completed the sale of 49% of Windstride Power Private Limited, a wholly-owned subsidiary, comprising 1,22,500 equity shares, to GE Renewable R&D India Private Limited. Powerica retains a 51% stake. The Board also approved Q2 FY27 unaudited financial results.
⚖️ Strengths & Concerns

✅ Positives

  • Strategic partnership with GE Renewable R&D India Private Limited for Windstride Power, which may strengthen its project execution capabilities.
  • Powerica retains majority control of 51% in Windstride Power, ensuring continued influence over its subsidiary's direction.

⚠️ Concerns

  • Reduction of Powerica's ownership in Windstride Power from 100% to 51%, diluting its direct equity stake.
  • The filing does not disclose the financial consideration for the sale of the 49% stake in Windstride Power.
📅 Company Track Record
Powerica previously acquired 49% of Fuji-Kailash Energy Private Limited for INR 3,00,00,000/- on July 16, 2026, marking an entry into renewable power generation. This current transaction concerning Windstride Power indicates further strategic adjustments in its renewable energy portfolio.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What stake did Powerica Limited sell in Windstride Power Private Limited?
Powerica Limited sold 1,22,500 equity shares of Windstride Power Private Limited, representing 49% of its paid-up share capital.
Who acquired the 49% stake in Windstride Power Private Limited?
GE Renewable R&D India Private Limited acquired the 49% equity stake in Windstride Power Private Limited.
What is Powerica Limited's remaining stake in Windstride Power Private Limited?
Powerica Limited will continue to hold 51% of the equity share capital in Windstride Power Private Limited, which remains a subsidiary.
What other decisions were approved by Powerica's Board on November 05, 2026?
The Board approved unaudited financial results for Q2 FY27 and initiated a postal ballot for shareholder approval to grant a loan to Windstride Power Private Limited.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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