Shakti Pumps (India) Limited — JV/Acquisition, 05-09-2026: Acquisition

Shakti Pumps (India) Limited is investing ₹11 Cr in its wholly owned subsidiary, Shakti Energy Solutions Limited. This move aims to establish a 2.20 GW greenfield solar DCR cell and PV module manufacturing plant in Madhya Pradesh. The investment signifies backward integration for Shakti Pumps, bolstering its capabilities in the solar energy value chain. Shakti Energy Solutions reported a turnover of ₹239.11 Cr in FY26.