Shakti Pumps invests ₹10 Cr in subsidiary for 2.20 GW solar plant

1 min read Updated on 13 Jun 2026, 04:51 AM

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Jubin VScanX News Team

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Shakti Pumps (India) Limited will invest ₹10 Crores in its wholly-owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield manufacturing plant in Pithampur, Madhya Pradesh. The facility will produce Solar DCR cells and PV modules with a production capacity of 2.20 GW. The subsidiary reported a turnover of ₹239.11 Crores in FY26.

*this image is generated using AI for illustrative purposes only.

Shakti Pumps (India) Limited will invest ₹10 Crores in its wholly-owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield manufacturing plant in Pithampur, Madhya Pradesh. The facility will produce Solar DCR cells and PV modules with a production capacity of 2.20 GW, expanding the subsidiary's operations beyond solar structures and rooftops. The investment aims to strengthen domestic manufacturing capabilities in the renewable energy sector.

Investment and Subsidiary Details

Shakti Energy Solutions Limited, incorporated on September 6, 2010, is a wholly-owned subsidiary of Shakti Pumps (India) Limited. The subsidiary reported a turnover of ₹239.11 Crores in FY26, up from ₹216.53 Crores in FY25 and ₹139.59 Crores in FY24. The company currently manufactures solar structures and deals in solar rooftop solutions. The new investment of ₹10 Crores will be made in consideration of equity shares issued to the parent company.

Project Parameters

The following table outlines the key details of the investment and the proposed facility:

Parameter	Details
Investment Amount	₹10 Crores
Investing Entity	Shakti Pumps (India) Limited
Recipient Subsidiary	Shakti Energy Solutions Limited
Facility Type	Greenfield Solar DCR Cell and PV Modules Plant
Production Capacity	2.20 GW
Location	Pithampur, Madhya Pradesh

Regulatory and Transaction Status

The transaction does not constitute a related party transaction as the target entity is a wholly-owned subsidiary. Consequently, the arm's length basis is not applicable. No specific governmental or regulatory approvals are required for this acquisition, which is expected to be completed on the same day as the investment announcement.

Historical Stock Returns for Shakti Pumps

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.02%	+1.39%	+3.76%	-15.71%	-44.76%	+310.92%

What is the projected timeline for the commercial commissioning of the 2.20 GW greenfield facility?

How will the company finance the additional capital expenditure required beyond the initial ₹10 Crore equity investment?

What are the expected revenue contributions from the new DCR cell and PV module lines once full capacity is reached?

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Shakti Pumps schedules plant visit for investors on June 18

1 min read Updated on 12 Jun 2026, 04:25 AM

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Shriram SScanX News Team

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Shakti Pumps (India) Limited has scheduled a plant visit for investors and analysts on June 18, 2026, at its Pithampur facility in Madhya Pradesh. The event will be held physically from 10:00 AM to 5:00 PM, referencing publicly available documents. The meeting is subject to change due to exigencies.

*this image is generated using AI for illustrative purposes only.

shakti pumps has scheduled a plant visit for a group of investors and analysts on June 18, 2026, at its manufacturing facility in Pithampur, Madhya Pradesh. The interaction is intended to provide stakeholders with an on-site view of the company's operations and will be conducted in physical mode from 10:00 AM to 5:00 PM. This initiative aligns with the company's efforts to maintain transparency and engage with the investment community.

The disclosure was made to the National Stock Exchange of India Ltd and BSE Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that discussions during the visit will rely on publicly available documents. An investor presentation has been uploaded to the company's website and was previously intimated to the stock exchanges via a letter dated May 8, 2026.

Ravi Patidar, Company Secretary of Shakti Pumps (India) Limited, signed the regulatory filing on June 11, 2026. The company noted that the schedule is subject to change in case of exigencies or adjustments by the organizers, investors, or the company itself.