Shakti Pumps (India) Ltd.

BSE: 531431 | NSE: SHAKTIPUMP
Small Cap | Compressors / Pumps
721.50
-3.70 (-0.51%)
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Shakti Pumps inks MoU with Ratnakar Bank

Date: 21-01-2015

Shakti Pumps India has signed a Memorandum of Understanding (MoU) with Ratnakar Bank (RBL) under which the company’s customers, primarily the farmers will be able to secure credit facilities for buying Solar Pump sets, PVC pipes and drip irrigation products and host of products across the bank’s network.

Shakti Pumps was incorporated to manufacture submersible pumps and electric control panels. The company is engaged in the business of manufacturing of submersible pumps along with submersible motors and associated controls panels under the name ‘Shakti’.