Investment17 Oct 2025, 04:10 pm
Shakti Pumps Invests Rs. 25 Crores in Wholly Owned Subsidiary Shakti Energy Solutions
AI Summary
Shakti Pumps (India) Limited has invested Rs. 25,00,00,000/- in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL). The investment will be used to establish 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 on 06t September, 2010, had a turnover of Rs. 216.53 Crores in FY25. The investment does not fall under the Related Party Transaction and will be made in consideration of Equity Shares.
Key Highlights
- Shakti Pumps invests Rs. 25 Crores in its wholly owned subsidiary, Shakti Energy Solutions Limited
- Investment will be used to establish a solar DCR cell and solar PV modules manufacturing plant in Pithampur, Madhya Pradesh
- SESL had a turnover of Rs. 216.53 Crores in FY25
- No government or regulatory approvals are required for the acquisition
- The investment will be made in consideration of Equity Shares