Shakti Pumps Invests ₹10 Cr in Solar Subsidiary

Shakti Pumps (India) Limited has invested ₹10 Crores (₹10,00,00,000/-) in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL). This investment is for establishing a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW. SESL, incorporated in 2010, reported a turnover of ₹239.11 Crores in FY26. The investment is made via cash subscription to equity shares and does not require governmental or regulatory approvals, with completion on the same day. This move aligns with Shakti Pumps' expansion into solar manufacturing.