Shakti Pumps Re-appoints Dinesh Patidar as Chairman and Ramesh Patidar as Managing Director for Three-Year Terms

The Board of Directors of Shakti Pumps (India) Limited, at its meeting held on Thursday, May 07, 2026, approved the re-appointment of two key managerial personnel. The decisions were disclosed to the stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Leadership Re-appointments

The board approved the continuation of both Mr. Dinesh Patidar and Mr. Ramesh Patidar in their respective leadership roles for a further term of three years each, commencing May 07, 2026. Both re-appointments remain subject to approval by shareholders at the ensuing Annual General Meeting (AGM).

The following table summarises the key details of the re-appointments as disclosed:

Parameter:	Mr. Dinesh Patidar	Mr. Ramesh Patidar
DIN:	00549552	00931437
Designation:	Chairman cum Whole-time Director	Managing Director
Term:	Three years w.e.f. May 07, 2026	Three years w.e.f. May 07, 2026
Subject to Shareholder Approval:	Yes, at ensuing AGM	Yes, at ensuing AGM
Relationship with Other Directors:	Brother of Mr. Sunil Patidar, Whole Time Director	None
Directorships in Other Listed Entities:	Nil	Nil
SEBI Debarment Status:	Not debarred	Not debarred

Regulatory Compliance

As required under SEBI Circular No. LIST/COMP/14/2018-19 and NSE/CML/2018/24 dated June 20, 2018, the company confirmed that neither Mr. Dinesh Patidar nor Mr. Ramesh Patidar is debarred from holding the office of a Director by virtue of any SEBI order or any other such authority. Additionally, neither director holds directorships in any other listed entity at the time of this disclosure.

The disclosure was signed by Ravi Patidar, Company Secretary of Shakti Pumps (India) Limited, and submitted to both the National Stock Exchange of India Ltd. and BSE Limited on May 07, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-7.62%	-2.53%	+8.43%	-31.08%	-38.20%	+513.62%

Shakti Pumps (India) Limited has announced the appointment of M/s. M.P. Turakhia & Associates Cost Accountant as its Cost Auditor for the Financial Year 2026-27. The decision was approved by the company's Board of Directors in its meeting held on Thursday, May 07, 2026, and was disclosed to the stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The appointment was made in compliance with the provisions of Section 148 of the Companies Act, 2013, and the rules made thereunder. It was based on the recommendation of the Audit Committee and remains subject to shareholder approval at the ensuing Annual General Meeting (AGM). The key details of the appointment are summarised below:

Parameter:	Details
Appointed Firm:	M/s. M.P. Turakhia & Associates Cost Accountant
Role:	Cost Auditor
Appointment Date:	May 07, 2026
Applicable Period:	Financial Year 2026-27
Regulatory Basis:	Section 148 of the Companies Act, 2013
Audit Committee Recommendation:	Yes
Shareholder Approval Required:	Yes, at ensuing AGM

Profile of M/s. M.P. Turakhia & Associates

M/s. M.P. Turakhia & Associates is a firm of Cost Accountants comprising a blend of experienced professionals and qualified personnel specialising in Cost and Management Consultancy. The firm's key credentials include:

Partners with professional experience of more than 28 years and 19 years respectively in the areas of cost audit, cost management, taxation, and industrial consultancy
Extensive experience in handling consultancy and cost audit assignments for reputed organisations across the public sector, private sector, and government undertakings
Advisory services in GST, Export-Import matters, and other regulatory compliances

The disclosure was submitted to both the National Stock Exchange of India Ltd. and BSE Limited in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The filing was signed by Ravi Patidar, Company Secretary of Shakti Pumps (India) Limited.