Shakti Pumps (India) has invested Rs 4 crore in its wholly owned subsidiary i.e. Shakti EV Mobility (formerly known as Shakti Green Industries) by subscribing to 40,00,000 Equity Shares of face value of Rs 10 each. The consolidated investment is Rs 39 crore after subscribing aforesaid equity shares. The object 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.
