SHAKTI PUMPS (INDIA) LTD.-$

Shakti Pumps India Ltd has submitted its Monitoring Agency Reports for the quarter ended September 30, 2026. The report, issued by India Ratings & Research Private Limited, indicates a deviation in the utilization of funds raised through Qualified Institutions Placements (QIPs). Specifically, INR 44.13 Mn was utilized for Plant & Machineries at the existing manufacturing unit, rather than for the proposed expansion at a new facility. Additionally, the company utilized INR 198.06 Mn for land acquisition, receiving only 23.35 acres against an estimated 45.66 acres. The deviation in land acquisition is within the 10% range.

Shakti Pumps India Ltd has submitted a clarification to the stock exchange regarding a significant increase in the trading volume of its securities. The company stated that it has consistently made timely disclosures of all material events and information as per SEBI regulations. Shakti Pumps confirmed that no material information has been withheld that could impact the price or volume of its shares. The company attributes the movement in its stock's price and volume to market-driven factors, which are beyond its control. It further affirmed that there is no undisclosed material information or impending announcement that could affect its share price or trading volume.

Vintex Tools & Machineries Pvt Ltd has acquired 423,000 equity shares of Shakti Pumps (India) Limited, increasing its holding by 0.34%. The acquisition occurred between October 29-30, 2026, via open market transactions. Following the purchase, Vintex Tools & Machineries now holds 5,350,000 shares, representing 4.33% of the total equity share capital.

Vintex Tools & Machineries Private Limited has acquired 14,000 equity shares of Shakti Pumps (India) Limited through the open market. This transaction represents a 0.01% stake. Following the acquisition, Vintex Tools & Machineries' holding in Shakti Pumps (India) Limited increased from 3.98% to 3.99%. The total equity share capital of the company remains Rs. 123,39,79,650.

Vintex Tools & Machineries Pvt Ltd has acquired 13,000 equity shares of Shakti Pumps (India) Limited through the open market. This transaction represents a 0.01% stake. Following the acquisition, Vintex Tools & Machineries' holding increased from 3.97% to 3.98% of the total equity share capital.

Shakti Pumps (India) Limited reported a 24.5% year-on-year revenue growth to ₹16,047 Mn for H1 FY27, driven by strong execution. Solar pump installations increased by 29.3% YoY to 51,543 units in H1 FY27. The company commenced trial production for its maiden 0.5 GW solar module capacity. Margins were impacted by lower realisations, higher raw material costs, and elevated logistics expenses, but the company is focusing on cost optimization and operating efficiencies. Profit After Tax (PAT) for H1 FY27 stood at ₹901 Mn. The order book was ₹7,510 Mn as of October 23, 2026. Investments are being made to strengthen manufacturing and backward integration, with a 2.2 GW DCR solar cell facility planned for commissioning by FY28.

Shakti Pumps (India) Limited announced its un-audited consolidated and standalone financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results during a meeting held on October 23, 2026. The review was conducted by Price Waterhouse Chartered Accountants LLP. The results cover the Holding Company and its five subsidiaries: Shakti Energy Solutions Limited, Shakti EV Mobility Private Limited, Shakti Pumps FZE, Shakti Pumps USA, LLC, and Shakti Pumps (Bangladesh) Limited.

Shakti Pumps (India) Limited announced that its Board of Directors, in a meeting held on October 23, 2026, approved the Un-Audited Consolidated and Standalone Financial Results for the quarter and half-year ended September 30, 2026. The board also approved the Limited Review Report for the same period. The meeting was conducted via video conferencing and lasted from 3:00 PM to 4:05 PM. The financial results were prepared in accordance with Indian Accounting Standard 34.

Shakti Pumps India Ltd has invested ₹12 Crores (₹12,00,00,000) in its wholly owned subsidiary, Shakti EV Mobility Private Limited, by subscribing to 1,20,00,000 equity shares. This investment brings the consolidated investment in the subsidiary to ₹92 Crores. Shakti EV Mobility is engaged in manufacturing electric vehicle motors and chargers. The company's total asset size as of March 31, 2026, was ₹12,857.28 Lacs, with revenues of ₹2,425.41 Lacs in FY26. This investment aims to initiate and expand the subsidiary's business operations.

Shakti Pumps India Ltd has announced that its Board of Directors will convene on October 23, 2026. The meeting's agenda includes the consideration and approval of the Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. A Limited Review Report will also be presented.