Shakti Pumps India Ltd

⚡ Shakti Pumps Invests ₹10 Crores in EV Subsidiary

• ₹10 Crores invested in wholly-owned subsidiary Shakti EV Mobility Private Limited

• Investment made through subscription of 1 Crore equity shares at ₹10 face value each

• Total consolidated investment in subsidiary now stands at ₹65 Crores

• Subsidiary manufactures electric vehicle motors and chargers

• Subsidiary incorporated on December 16, 2021 and operates in India

• Total asset size: ₹10,121.83 Lacs as of March 31, 2025

• Transaction completed with cash consideration on same day