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Shakti Pumps (India) informs about outcome of treasury committee meeting

05 Jul 2025 Evaluate

Shakti Pumps (India) has informed that the Treasury Committee has, at its meeting held today 05th July, 2025 approved the issue and allotment of 31,87,365 Equity Shares of face value Rs. 10 each to eligible qualified institutional buyers at the issue price of Rs. 918/? per Equity Share (including a premium of Rs. 908/? per Equity Share) which is at a discount of 4.97% to the floor price of Rs. 965.96/- per Equity Share, aggregating to approximately Rs. 2,926.00 million, pursuant to the Issue in accordance with the SEBI ICDR Regulations. The Issue opened on 02nd July, 2025 and closed on 04th July, 2025. The company attached the list of allottees who have been allotted more than five percent (5%) of the Equity Shares offered in the Issue, marked as Annexure A. Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs. 120,21,06,000/- comprising of 12,02,10,600 Equity Shares to Rs. 123,39,79,650/- comprising of 12,33,97,965 Equity Shares. The shareholding pattern of the Company before and after the Issue, will be submitted along with listing application in the format specified in Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘SEBI Listing Regulations’), as amended, read with SEBI circular no. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is enclosed. The meeting of the Committee commenced at 3:15 am and concluded at 3:40 am.

The above information is a part of company’s filings submitted to BSE.

Shakti Pumps (I) Share Price

560.90 5.70 (1.03%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1754.70
KSB 989.90
Shakti Pumps (I) 560.90
Elgi Equipments 543.25
Kirloskar Pneumatic 1362.35
View more..

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