Shakti Pumps (India) Limited — Board Meeting, 07-01-2025: Outcome of Board Meeting

The Board of Directors of Shakti Pumps (India) Limited has announced a board meeting outcome, approving the raising of funds up to ₹400 Crore through qualified institutional placements. The Treasury Committee is authorized to finalize the terms of this issuance. Additionally, the board approved a postal ballot notice related to the fundraising initiative. This move is part of the company's strategy to enhance its capital base and support future growth initiatives. The meeting lasted from 11:00 AM to 11:25 AM.