Shakti Pumps (India) Limited — JV/Acquisition, 12-06-2026: Acquisition

Shakti Pumps (India) Limited has invested Rs 10 Crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited. This capital injection is for establishing a greenfield manufacturing plant in Pithampur, Madhya Pradesh, to produce high-efficiency Solar DCR cells and Solar PV modules. The plant will have a substantial production capacity of 2.20 GW. This strategic move strengthens Shakti Pumps' presence in the renewable energy sector, expanding its product portfolio beyond solar structures and enhancing its manufacturing capabilities for a brighter solar future.