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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 Ltd Receives MIDC Demand Notice for GST Recovery
REGULATORY ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 05 Jun 2026, 05:48 PM IST  ·  BSE ID: b742104a-ade1-47d6-8976-c04d8a1589bf
View Original BSE Filing (PDF)
💡
In Simple Terms
The company received a notice from a government body demanding Rs. 5,67,694.87 for past GST dues.
🤖 AI Summary
  • Powerica Limited received MIDC demand notice for GST recovery of Rs. 5,67,694.87.
  • Demand notice is for the fiscal year 2026-27, including principal and interest.
  • MIDC issued the notice on June 05, 2026, for past GST period.
  • Company states no material financial or operational impact from the notice.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Amount demanded for GST recovery including interest
Rs. 5,67,694.87/-
Period for which communication would be applicable
FY 2026-27
🏢 How This Affects the Company
💰
Financial Impact
The company has received a demand for Rs. 5,67,694.87 for GST recovery with interest. The company asserts there is no material impact on its financials.
⚙️
Operational Impact
The company states there will be no impact on its operations or other activities.
⚠️
Risk Impact
This notice introduces a compliance and potential financial risk related to past GST liabilities.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Monitor company's response to the notice.
👤
Who Is Affected
All shareholders are indirectly affected due to potential financial implications if the company's assessment changes.
🔍
Management Signal
Management is actively assessing the situation and deciding on an appropriate course of action for the received notice.

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

👁 Watch List — track these upcoming events
Company's announced course of action regarding the MIDC notice.
Any updates on the financial implications of the demand notice.
Subsequent disclosures from Powerica Limited on this matter.
MEDIUM RISK Demand notice for GST recovery introduces potential financial obligation and requires management resolution.
💡 Investor Takeaway
Powerica Limited received a Rs. 5,67,694.87 GST recovery demand notice from MIDC for FY 2026-27, including interest. The company reports no material financial or operational impact.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Received demand notice for Rs. 5,67,694.87 from MIDC for GST recovery.
  • Notice pertains to FY 2026-27, indicating a past period liability.
❓ Frequently Asked Questions
What is the amount Powerica Limited has been asked to pay by MIDC?
Powerica Limited received a demand notice from MIDC for the recovery of GST with interest amounting to Rs. 5,67,694.87.
What is the period for which MIDC is demanding GST recovery from Powerica Limited?
The demand notice from MIDC pertains to the fiscal year 2026-27.
What is the expected financial impact on Powerica Limited from this MIDC notice?
Powerica Limited has stated that there is no material impact on the financials of the Company, nor any impact on its operations.
What action is Powerica Limited taking regarding the MIDC demand notice?
The Company is in the process of deciding an appropriate course of action concerning the demand notice received from MIDC.

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

⚠️ 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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