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Merger & Restructuring

Shakti Pumps (India) Merger & Restructuring Worth ₹10 Cr

Shakti Pumps (India) Limited has invested ₹10.00 Crore in its wholly-owned subsidiary, Shakti EV Mobility Private Limited. The investment was made via cash subscription to equity shares to support the subsidiary's business of manufacturing electric vehicle motors and chargers. This move strengthens the company's commitment to the EV mobility segment.

Key figures
Value₹10.00 Cr
Execution periodSame Date
Source

NSE filing, NSE: SHAKTIPUMP. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Shakti Pumps (India) Ltd: key numbers

Share price
₹356.40
Market cap
₹4,398 Cr
Revenue (annual)
₹2,698 Cr
Net profit (annual)
₹257.6 Cr
P/E (TTM)
27.5×Sector 52.8×
Promoter holding
50.40%+0.04% QoQ
FII holding
5.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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