Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III thereof, Shakti Pumps (India) has informed that the company has received a Work Order from Madhya Pradesh Urja Vikas Nigam for 2,033 stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Madhya Pradesh under Component-B of PM-KUSUM scheme. The total value of the 2,033 pumps is around Rs 71.25 Crores (inclusive of GST) which is to be executed within 120 days. Details as per SEBI Circular no SEBI/HO/CFD/CFD?PoD?1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure - I.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1753.65 |
| KSB | 855.65 |
| Shakti Pumps (I) | 545.75 |
| Elgi Equipments | 608.40 |
| Kirloskar Pneumatic | 1628.55 |
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