Shakti Pumps (India) has invested Rs 1 crore in its wholly owned subsidiary i.e. Shakti EV Mobility (formerly known as Shakti Green Industries) by subscribing to 10,00,000 Equity Shares of Rs 10. The consolidated investment is Rs 10.76 crore after subscribing aforesaid equity shares.
Earlier, the company had invested Rs 1.50 crore in its wholly owned subsidiary i.e. Shakti EV Mobility by subscribing to 15,00,000 Equity Shares of Rs 10.
Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.
