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Shakti Pumps (India) Limited has invested Rs. 6 Crore in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 60 Lakh equity shares. This investment raises the total investment in Shakti EV Mobility to Rs. 45 Crore. The subsidiary, engaged in manufacturing electric vehicle motors and chargers, aims to expand its operations significantly. The investment will facilitate growth in the electric vehicle segment, aligning with the parent company's strategy to enhance its market presence in the rapidly evolving EV industry, ultimately benefiting shareholders through value creation.