SECTOR
Shakti Pumps (India) invests Rs 12 crore in Shakti EV Mobility
Oct-22-2026

Shakti Pumps (India) has invested Rs 12 crore in its wholly owned subsidiary i.e. Shakti EV Mobility by subscribing to 1,20,00,000 Equity Shares of face value of Rs 10. The consolidated investment is Rs 92 crore after subscribing aforesaid equity shares. Objects of investment is to initiate and expand the business of the wholly owned subsidiary.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications. 


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