Shakti Pumps (India) Limited — Board Meeting, 20-03-2025: Outcome of Board Meeting

Shakti Pumps (India) Limited has announced a board meeting outcome, highlighting several key resolutions. The board approved the appointment of Mrs. Vandana Bhagavatula as an Additional cum Non-Executive Woman Independent Director, subject to postal ballot approval. Mrs. Nishtha Neema’s tenure as Woman Independent Director has concluded, effective March 22, 2025. The board also authorized borrowing powers up to ₹2,000 Crores and the creation of charges on company assets for these borrowings, pending member approval via postal ballot. Additionally, the Audit Committee has been reconstituted with Mrs. Bhagavatula as Chairperson.