Shakti Pumps (India) Limited — JV/Acquisition, 06-01-2026: Acquisition

Shakti Pumps (India) Limited has invested Rs 3 Cr in its wholly-owned subsidiary, Shakti Energy Solutions Limited. This capital infusion is earmarked for establishing a greenfield plant in Pithampur, Madhya Pradesh, to manufacture high-efficiency Solar DCR cells and Solar PV modules. With a substantial production capacity of 2.20 GW, this strategic move will significantly expand Shakti Pumps' product portfolio and manufacturing capabilities within the rapidly growing solar sector. It positions the company for enhanced market presence and future revenue growth from advanced solar energy solutions.