Quarterly Updates8 May 2026, 11:04 am
Shakti Pumps Monitoring Report for Quarter Ended March 2026
AI Summary
Shakti Pumps India Ltd. has submitted a Monitoring Agency Report by India Ratings & Research for the quarter ended March 31, 2026, as per SEBI regulations regarding the utilization of funds raised through Qualified Institutions Placements (QIPs) held on March 22, 2024, and July 5, 2025. The report confirms no deviation from the stated objectives of the QIP proceeds. The monitoring agency declares that the report provides an objective view based on information provided by the issuer and believed to be accurate, without performing an audit or independent verification.
Key Highlights
- India Ratings & Research issued a monitoring report for Shakti Pumps for Q1 2026.
- The report confirms no deviation in the utilization of QIP funds.
- QIPs were conducted on March 22, 2024, and July 5, 2025.
- The report is compliant with SEBI regulations.
- Issue size was INR 2,000.00 Mn.
Price Impact
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