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Shakti Sons Trust, a promoter entity of Shakti Pumps (India) Limited, has acquired 65,000 equity shares (2.00%) of Shakti Irrigation India Limited via gift from Mr. Dinesh Patidar and his HUF. As Shakti Irrigation holds 4.53% in Shakti Pumps, this transaction results in an indirect acquisition of approximately 0.09% equity in Shakti Pumps. This move is aimed at streamlining family succession and preventing future disputes, ensuring continuity and welfare for the promoter's family without any change in the control or management of Shakti Pumps. This gift-based acquisition was exempt from open offer requirements.