MoneyWorks4Me

Shakti Pumps (India) has informed that the Company has invested Rs 13,16,00,000 in its wholly owned subsidiary - Shakti EV Mobility (formerly known as Shakti Green Industries) by subscribing to Equity Shares of nominal value of Rs 10 each. The consolidated investment is Rs 26,92,00,000 after subscribing aforesaid equity shares. For the same disclosure under Regulation 30(6) read with Schedule III Part A Para A (1) of the Listing Regulations and the SEBI Circular SEBI/HO/CFD/CFD-1/P/CIR/2023/123 dated 13th July, 2023 is attached as Annexure- I to this letter.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Kirloskar Brothers 1780.60
Elgi Equipments 585.30
Shakti Pumps (India) 457.90
KSB 811.00
Oswal Pumps 266.55
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