Shakti Pumps Invests ₹11 Cr in Subsidiary Shakti Energy

Shakti Pumps India Ltd has invested ₹11 Crores in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL). This investment is for setting up a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a 2.20 GW production capacity. SESL reported a turnover of ₹239.11 Crores in FY26. The investment was made in cash through the subscription of equity shares. No government or regulatory approvals are required for this investment, which is considered an intra-group transaction and not subject to arm's length considerations.