Shakti Pumps (India) Limited — Others, 02-08-2025: Monitoring Agency Report
02-08-2025 | 12:20 pm
02-08-2025 | 12:20 pm
Shakti Pumps (India) Limited has submitted the Monitoring Agency Report concerning the utilization of funds from its Qualified Institutions Placement (QIP). This report, prepared by India Ratings & Research Private Limited, details how the capital raised through the QIP is being deployed. It provides an important update for investors on the application of these funds, ensuring transparency regarding the company's use of its recently raised capital. This allows stakeholders to monitor the progress and impact of the QIP.
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