Shakti Pumps (India) has informed that the Company has invested Rs 7,500,000 in its wholly owned subsidiary i.e., Shakti Green industries by subscribing to 750,000 Equity Shares of Rs 10 each. The consolidated investment is Rs 12,600,000 after subscribing aforesaid equity shares. Shakti Green Industries is into the business of manufacturing of EV Chargers, EV Motor and controllers.
The above information is a part of company’s filings submitted to BSE.