Shakti Pumps (India) Limited — Others, 10-05-2025: Monitoring Agency Report

Shakti Pumps has announced a board meeting on the utilization of funds raised through its Qualified Institutions Placement (QIP). India Ratings & Research, as the monitoring agency, confirmed that the funds were properly used during the quarter ended March 31, 2025. This assurance supports investor confidence in the company’s disciplined capital management and growth plans. The detailed report is available on the company’s website for stakeholders.