Regulatory25 Jul 2026, 10:30 am
Shakti Pumps: QIP Fund Utilization Report Shows No Deviation
AI Summary
Shakti Pumps India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the objects for which funds were raised through Qualified Institutions Placements (QIPs) on March 22, 2024, and July 5, 2025. The total issue size was INR 2,000.00 Mn, comprising 16,54,944 Equity Shares. The company is also making this information available on its website.
Key Highlights
- Monitoring Agency Report confirms no deviation in QIP fund utilization.
- Report covers QIPs raised on March 22, 2024, and July 5, 2025.
- Total QIP issue size was INR 2,000.00 Mn.
- Information available on the company's website.
Price Impact
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