Shakti Pumps (India) has invested Rs 3 crore in its wholly owned subsidiary i.e. Shakti EV Mobility (formerly known as Shakti Green Industries) by subscribing to 30,00,000 Equity Shares of face value of Rs 10. The consolidated investment is Rs 35 crore after subscribing aforesaid equity shares. The object of said 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.
