Shakti Pumps Invests ₹17 Crore in Solar Subsidiary

Shakti Pumps invested ₹17 crore in its wholly-owned subsidiary Shakti Energy Solutions for equity shares.
The investment funds a new 2.20 GW solar cell and module manufacturing plant in Pithampur, Madhya Pradesh.
The transaction was completed on April 17, 2026, and required no governmental or regulatory approvals.
Shakti Energy Solutions reported FY25 turnover of ₹216.53 crore, showing strong growth from previous years.