BNP Paribas, which previously held 1.14 percent of Powerica Limited, has exited the company's disclosed shareholder list, indicating either a complete sale or a reduction in its stake below the 1 percent reporting requirement.
A power solutions company specializing in diesel generator sets for main and backup applications across industrial and commercial sectors. Incorporated in 1984, Powerica Ltd designs, manufactures, and distributes DG sets engineered for reliability in diverse operating environments. The company serves customers requiring dependable power generation through its established distribution network and comprehensive after-sales service infrastructure across India.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
