Shakti Pumps (India) Limited (SHAKTIPUMP) — Related Party Transaction

· NSE 🟡 Notable Neutral
📢 Key Event
Shakti Pumps invests Rs. 10 Crores in solar manufacturing subsidiary
🔄 What Changed
Rs. 10.00 Crores investment in solar manufacturing subsidiary
🔮 What's Next
Same Day
💡 Investor Takeaway
The investment signals expansion into solar manufacturing through a wholly owned subsidiary.

Shakti Pumps (India) Limited announced on 12 June 2026 that it invested Rs. 10.00 Crores in its wholly owned subsidiary Shakti Energy Solutions Limited to establish a 2.20 GW solar DCR cell and PV module manufacturing plant in Pithampur, Madhya Pradesh. The subsidiary, incorporated on 6 September 2010, reported FY26 turnover of Rs. 239.11 Crores. The investment is made in equity shares of the subsidiary without requiring any regulatory approvals, and completion is expected on the same day.

📄 View Original Announcement (PDF)

About Shakti Pumps (India) Limited (SHAKTIPUMP)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹6,276.02 Cr P/E: 16.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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