Shakti Pumps (India) Limited — Important, 03-02-2025: General Updates

Shakti Pumps (India) Ltd has secured an additional partnership with ReNew Photovoltaic Private Limited to supply DCR cell based Solar Modules, valued at Rs. 1,300 Cr for FY 2025-26. This new agreement complements its existing alliances with Mundra Solar PV Limited (Adani) and Premier Energies Ltd, reinforcing the company's commitment to innovation and market leadership in the solar energy sector. This strategic expansion is anticipated to bolster growth momentum, positioning Shakti Pumps favorably within the competitive landscape. Investors should watch closely for potential growth opportunities arising from these collaborations.