Shakti Pumps (India) Ltd (SHAKTIPUMP) — Announcement | 9 September 2026

9 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Shakti Pumps awarded order for 10,000 solar pumps

🔮 What's Next

Delivery to be completed within 60 days of work order issuance

Shakti Pumps (India) announced it received a letter of empanelment from Maharashtra State Electricity Distribution Company Limited to supply 10,000 off-grid solar water pumping systems across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana. The contract, valued at approximately ₹235.92 crores inclusive of GST, requires delivery within 60 days of the work order issuance. This award marks a significant entry into a large-scale government renewable energy initiative and positions the company as a key supplier for rural electrification projects.

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About Shakti Pumps (India) Ltd (SHAKTIPUMP)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on BSE

Market Cap: ₹5,744.18 CrP/E: 27.1ROE: 12.4%ROCE: 16.6%Div Yield: 0.21%

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📊 More SHAKTIPUMP filings

🔴 Announcement — 29 September 2026Shakti Pumps (India) Ltd received a credit rating of IND AA-/Stable/IND A1+ from India Ratings & Res...
Announcement — 28 September 2026Shakti Pumps (India) Ltd announced that its trading window will close on October 1, 2026, for all de...
🔴 Insider Trading — 16 September 2026Shakti Sons Trust, acting in concert with Dinesh Patidar, acquired 15,000 equity shares of Shakti Pu...
🔴 Insider Trading — 16 September 2026Shakti Future Trust, a promoter group entity, disclosed an open market purchase of 10,000 equity sha...
🔴 Announcement — 16 September 2026Shakti Pumps (India) Limited announced it will attend the Anand Rathi Annual Flagship G200 Summit on...

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

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